here is the income statement for Myers, Inc.

MYERS, INC. Income Statement For the Year Ended December 31, 2020
Sales revenue		$400,000
Cost of goods sold		230,000
Gross profit		170,000
Expenses (including $16,000 interest and $24,000 income taxes)		98,000
Net income		$ 72,000

Additional information:

1.		Common stock outstanding January 1, 2020, was 32,000 shares, and 40,000 shares were outstanding at December 31, 2020.
2.		The market price of Myers stock was $14 in 2020.
3.		Cash dividends of $21,000 were paid, $5,000 of which were to preferred stockholders.

Compute the following measures for 2020. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%)

(a)		Earnings per share		$enter a dollar amount
(b)		Price-earnings ratio		enter Price-earnings ratio in times	times
(c)		Payout ratio		enter percentages	%
(d)		Times interest earned		enter Times interest earned	times

Here is the income statement for Myers, Inc. MYERS, INC. Income Statement For the Year Ended December 31, 2020 Sales revenue Cost of goods sold Gross profit Expenses (including $16,000 interest and $24,000 income taxes) Net income $400,000 230,000 170,000 98,000 $ 72,000 Additional information: 1. Common stock outstanding January 1, 2020, was 32,000 shares, and 40,000 shares were outstanding at December 31, 2020. The market price of Myers stock was $14 in 2020. Cash dividends of $21,000 were paid, $5,000 of which were to preferred stockholders. 2. 3. Compute the following measures for 2020. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) $ (b) Earnings per share Price-earnings ratio Payout ratio times (c) % (d) Times interest earned times