Market Strength Analysis

Vision, Inc.'s comparative income statements and comparative balance sheets follow.

Vision, Inc.
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
	2014		2013
Net sales	$360,000		$290,000
Cost of goods sold	224,000		176,000
Gross margin	$136,000		$114,000
Operating expenses	80,000		60,000
Operating income	$ 56,000		$ 54,000
Interest expense	14,000		10,000
Income before income taxes	$ 42,000		$ 44,000
Income taxes expense	14,000		16,000
Net income	$ 28,000		$ 28,000
Earnings per share	$ 2.80		$ 2.80
Vision, Inc.
Comparative Balance Sheets
December 31, 2014 and 2013
	2014		2013
Assets
Current assets	$ 48,000		$ 40,000
Property, plant, and equipment (net)	260,000		200,000
Total assets	$308,000		$240,000
Liabilities and Stockholders' Equity
Current liabilities	$ 36,000		$ 44,000
Long-term liabilities	180,000		120,000
Stockholders' equity	92,000		76,000
Total liabilities and stockholders' equity	$308,000		$240,000

Net cash flows from operating activities were $42,000 in 2013 and $32,000 in 2014. Net capital expenditures were $60,000 in 2013 and $80,000 in 2014. Cash dividends were $12,000 in both years.

Compute the price/earnings (P/E) ratio and dividends yield for 2013 and 2014. The company had 10,000 shares of common stock outstanding in both years. The price of Vision's common stock was $60 in 2013 and $40 in 2014. Round your answers to one decimal place.

	2014		2013
Price/earnings (P/E) ratio:		times		times
Dividends yield:		%		%