(Equity analysis ratios) Two companies in the transportation industry had the following information:

		Company 1		Company 2
Basic earnings per share		$0.88		$0.64
Market price per share		$10.96		$24.65
Dividends per share		$0.457		$0.529
Cash flows from operating activities ($ thousands)		$64,584		$238,335
Net capital expenditures ($ thousands)		$6,203		$73,244

1. Calculate the P/E ratios for both companies. (Round answers to 1 decimal place, e.g. 18.4.)

		Company 1		Company 2
Price-earnings ratio		Enter a number of times rounded to 1 decimal place. times		Enter a number of times rounded to 1 decimal place. times

2. Calculate the dividend payout ratio and dividend yield for both companies. (Round dividend payout ratio to 1 decimal place, e.g. 18.4% and Dividend yield to 2 decimal place, e.g. 13.61%.)

		Company 1		Company 2
Dividend payout ratio		Enter percentages rounded to 1 decimal place. %		Enter percentages rounded to 1 decimal place. %
Dividend yield		Enter percentages rounded to 2 decimal place. %		Enter percentages rounded to 2 decimal place. %

3. Determine the net free cash flows of both companies.

		Company 1		Company 2
Net free cash flows (in thousands)		$Enter a dollar amount.		$Enter a dollar amount.