Selected items from successive annual reports of Middlebrook, Inc., appear as follows.

	Year 2				Year 1
Total assets (40% of which are current)	$	471,000			$	385,000
Current liabilities	$	80,000			$	100,000
Bonds payable, 12%		100,000				50,000
Capital stock, $5 par value		100,000				100,000
Retained earnings		191,000				135,000
Total liabilities & stockholders' equity	$	471,000			$	385,000

Dividends of $16,000 were declared and paid in year 2.

a. Compute the current ratio for year 2 and year 1. (Round your answers to 1 decimal place.)

b. Compute the debt ratio for year 2 and year 1. (Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%.)

c. Compute the earnings per share for year 2. (Round your answer to 2 decimal places.)

a	Current Ratio		to 1		to 1
b	Debt Ratio		%		%
c	Earning per Share