Account balances at the beginning of the year were: accounts receivable, $200,000; and inventory, $340,000. 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 $59 at the end of the year and there was no change in the number of outstanding shares of common stock during the year.

Required:

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 to1 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. December 31 Assets Current assets: 20,000 Cash Accounts receivable, ne 180,000 Merchandise inventory 340.000 Prepaid expenses 10.000 Total current assets 550,000 Property and equipment, net 870,000 $1,420,000 Total assets Liabilities and Stockholders' Equity Liabilities: 270,000 Current liabilities Bonds payable, 11% 350,000 Total liabilities 620,000 Stockholders' equity: Common stock, $10 par value 100,000 Retained earnings 700,000 Total stockholders' equity 800,000 Total liabilities and equity $1,420,000 Castile Products. Inc. ncome Statement For the Year Ended December 31 Sales $2,260,000 1,180,000 Cost of goods sold Gross margin 1,080,000 Selling and administrative expenses 610,000 Net operating income 470,000 interest expense 38,500 431,500 Net income before taxes Income taxes (30%) 129,450 302,050 Net income