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 $1 million 10%) 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