Daly Company has the following information for 2008.

Cost of goods sold	$88 million
Dividend per share	$0.20
Earnings before interest and taxes	$13 million
Income tax rate	35%
Interest expense (at average interest rate 10%)	$1 million
Inventory turnover ratio	5
No of shares	5 million
Price per share	$13
Weighted average cost of capital	12%

Find its (a) Earnings per share, (b) Interest coverage ratio, (c) Dividend payout ratio, (d) P-E ratio, and (e) Average inventory.