Assets Castile Products, Incorporated Balance Sheet December 31 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 Bonds payable, 9% Total liabilities Stockholders' equity: Common stock, $5 per value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Castile Products, Incorporated Income Statement $ 19,000 190,000 340,000 8,000 557,000 820,000 $ 1,377,000 $ 270,000 340,000 610,000 190,000 577,000 767,000 $ 1,377,000 For the Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes (30%) Net income $ 2,170,000 1,230,000 940,000 650,000 290,000 30,600 259,400 77,820 $ 181,580 Account balances at the beginning of the year were: accounts receivable, $230,000; and inventory, $300,000. All sales were on account. Sales Castile Products, Incorporated Income Statement For the Year Ended December 31 Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes (30%) Net income $ 2,170,000 1,230,000 940,000 650,000 290,000 30,600 259,400 77,820 $ 181,580 Account balances at the beginning of the year were: accounts receivable, $230,000; and inventory, $300,000. All sales were on account. Assume that Castile Products, Incorporated paid dividends of $2.75 per share during the year. Also assume that the company's common stock had a market price of $53 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 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.) 1. Earnings per share 2. Dividend payout ratio 3. Dividend yield ratio 3. Price-earnings ratio 4. Book value per share % di di %