The Printing Company is listed on the New York Stock Exchange. The market value of its common stock was quoted at $10 per share at December 31, 2007 and 2006. Printing's balance sheet at December 31, 2007 and 2006, and statement of income and retained earnings for the years then ended are as follows:

Required
Based on the preceding information, compute (for the year 2007 only) the following:
1. Current (working capital) ratio
2. Quick (acid-test) ratio
3. Number of days' sales in average receivables, assuming a business year consists of 300 days and all sales are on account
4. Inventory turnover
5. Book value per share of common stock
6. Earnings per share on common stock
7. Price/earnings ratio on common stock
8. Dividend yield ratio on commonstock

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December 31 2007 Cash Marketable securities, at m Accounts receivable (net) Inventories, lower of cost or market Prepaid expenses $ 3,500,000 13,000,000 105,000,000 126,000,000 2.500,000 $250,000,000 311,000,000 2,000,000 14,000,000 6,000,000 6,000,000 $ 3,600,000 11,000,000 95,000,000 154,000,000 2.400,000 $266,000,000 308,000,000 3,000,000 16,000,000 6,500,000 7,600,000 Total current assets Property and plant (net) Investments, at equity Long-term receivables Goodwill and patents (net) Other assets Total Assets Current Liabilities Notes payable 5,000,000 15,000,000 48,000,000 27,000,000 1,000,000 6.500.000 7000,000 98,000,000 180,000,000 38,000,000 24,500,000 1,000,000 Income taxes payable Current portion of long-term debt Total current liabilities Long-term debt Deferred income taxes Other liabilities 169,000,000 74,000,000 7.000,000 8,000,000 9,000,000 Stockholders Equity Common stock, $1 par value 5% cumulative preferred stock, $100 par 10,000,000 10,000,000 value; $100 liquidating value Additional paid-in capital Retained earnings Accumulated other comprehensive loss 4,000,000 107,000,000 142,000,000 4,000,000 107,000,000 134,000,000 Unrealized decrease in value of marketable securities 1,000,000 262,000,000 $589.000,000 900,000 254, 100,000 607,100,000 Total stockholders equity Total Liabilities and Stockholders' Equity Statement of Income and Retained Earnings Year Ended December 31 2007 2006 Net sales Costs and expenses $600,000,000 $500,000,000 Cost of goods sold $490,000,000 71,900,000 7,000,000 568,900,000 $400,000,000 66,000,000 6,000,000 472,000,000 31,100,000 28,000,000 9.800,000 S 18,200,000 126,000,000 10,000,000 200,000 $134,000,000 Selling and general expenses Other, net Total costs and expenses Income before taxes Income tax expense Net income Beginning retained earnings Dividends on common stock Dividends on preferred stock Ending retained earnings 10,900,000 S 20,200,000 134,000,000 12,000,000 200,000 $142,000,000