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Here is the income statement for Myers, Inc. Myers, Inc. Income Statement For the Year Ended December 31, 2020 --- -Sales revenue $412,000 -Cost of

Here is the income statement for Myers, Inc. Myers, Inc. Income Statement For the Year Ended December 31, 2020 --- -Sales revenue $412,000

-Cost of goods sold 220,000

-Gross profit 192,000

-Expenses (including $10,000 interest and $29,500 income taxes) 94,000

-Net income $ 98,000

Additional information:

1. Common stock outstanding January 1, 2020, was 16,000 shares, and 24,000 shares were outstanding at December 31, 2020.

2. The market price of Myers stock was $11.04 in 2020.

3. Cash dividends of $23,520 were paid, $6,000 of which were to preferred stockholders.

-- Compute the following measures for 2020. (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%.)

(a) Earnings per share $ [??]

(b) Price-earnings ratio [??] times

(c) Payout ratio [??] %

(d) Times interest earned [??] times

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