CH.13 #4

The financial statements for Castile Products, Inc., are given below: Account balances at the beginning of the year were: accounts receivable, $200,000; and inventory, $270,000. All sales were on account. Assume that Castile Products. Inc, paid dividends of $3 65 per share during the year. Also assume that the company's common stock had a market price of $66 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: Earnings per share. Earnings per share. Dividend payout ratio Dividend payout ratio % Dividend yield ratio. Dividend yield ratio % Price-earnings ratio. Price-earnings ratio Book value per share. Book value per share