Account balances at the beginning of the year were: accounts receivable, $200,000; and inventory, $300,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $3.25 per share during the year. Also assume that the companys 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 places. Round your final percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).)

3.	Dividend yield ratio. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).)

4.	Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place.)

5.	Book value per share. (Round your answer to 2 decimal places.)

The financial statements for Castile Products, Inc., are given below: Castile Products, Inc. Balance Sheet December 31 Assets Current assets: Cash Accounts receivable, net Merchandise inventor Prepaid expenses $ 22,000 220,000 330,000 12,000 Total current assets Property and equipment, net 584,000 900,000 Total assets $1,484,000 Liabilities and Stockholders' Equity Liabilities: $ 200,000 Current liabilities Bonds payable, 8% 320,000 520,000 $ 190,000 Total liabilities Stockholders' equity: Common stock, $10 par value Retained earningS 774,000 964,000 $1,484,000 Total stockholders' equity Total liabilities and equity