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.

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.

a. earnings per share

b.Price-earnings ratio

c.Payout ratio

d.Times interest earned

(Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.)