3 2 The financial statements for Castile Products, incorporated, are given below. Castils Vroducts, Incorporated Balance Sheet December 31 Assets Current Cash 5 11,000 Accounts receivable, et Merchandisery 219.000 380,000 Prepaid pees Total currents Property det, 120.000 Totals 11.45.000 ties and Stockholders' Current wit $260.00 Sandale 140. Total 100.000 Story Caval 10. Butai 20 Total Sutto BLOG USE CHERI corts Costa sargs SA Mobilances the beginnings were recev700.000, and memory 340,000. As were on Amado corpo e dends 15 eurgrethe common marche end of andere was no change the bonding whes of Ogre hund your newer me) 2. dedo puede decir w General data de ces nows what is correct or Incorrect for the work you he 3 142 $21,00 210.000 0.000 200 69, 0.00 $ 1,459.000 Cash Accounts receivable.net Merchandise inventory Prepaid expenses Total current sets Drogerty and want, Total Liabilities Stockholders' tity Libilities: Current listes Bands payable, Total abilities Stockholders' wity Comon stock, 110 per le Metanet Total story Total tas start wity $260.00 . $110.000 3. 259, $ 1,499,00 14, CW That THE Sales Costa rons Saint etc Interest that IN 1,00 16, . Account balances at the beginning of the year were accounts receivable 5190,000 and inventory, 5340,000 Aales wire on account Acum arct, incorporated paid dicends of 5335 per here during the year. Asume that the company's common stock ada mace of the end of the year and there was no change the number of outstanding heres of common during the yea Required Computing stonows. 1 por Round your answers 2 decimal places 2. Oradan sayent thing your mediate atestations to 2 decima. Mund your percentage www to 2 end ydred your reageerde peces Pregond your sermediate come and finala ademece 5 percend your a decimales 1 The financial statements for Castle Products, Incorporated, are given below. $ 21, 350. Castate Products, Incorporated Balance Sheet December 31 Assets Current assets: Cash Accounts receivable, net Merchandise inventory Prepaid expenses Total current assets Property and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Donds payable, 10% Total liabilities Stockholders' equity: Common stock, sie per value Retained earnings Total stockholders' equity Total abilities and stockholders equity 639, 82.ee 5 1,459, $ 250,see 34e. 6. $ 15e, ce 200.00 859, 5 1,459,00 Castile Products, Incorporated Income Statement For the Year Ended December 31 Sales Cost of goods sold Gross margin Selling and adsinistrative expenses Net operating incon Interest expense Net income before taxes Incote taxes (5) Net income $ 2,240,00 1.220. 1,020.ee 650, 35.000 34.000 326,00 $225,200 Account balances at the beginning of the year were accounts receivable. 5190.000. and inventory, $340,000. Al sales were on account Assume that Castile Products, Incorporated Dald dividends of $3.15 per share ouring the year. Also assume that the company's common stock had a market price of $68 at the end of the year and there was no change in the number of outstanding shares of common stock during the year Required: Compute financial ratios as follows: 1. Earnings per share. (Round your answer to 2 decimal places.) 2 Dividend payout ratio (Round your intermediate calculations to 2 decimal pieces. Round your percentage final answer to 2 decimal places.) 3. Dividend yield ratio (Round your percentage answer to 2 decimal places.) 4. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) $ 15.00 21.00% 1. Earnings per share 2. Dividend payout ratio 3. Dividend yield 3. Price earnings ratio 4. Book value per share 4.40