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Please answer ALL The financial statements for Castile Products. Inc., are given below: Account balances at the beginning of the year were: accounts receivable. $230,000;
Please answer ALL
The financial statements for Castile Products. Inc., are given below: Account balances at the beginning of the year were: accounts receivable. $230,000; and inventory, $270,000. All sales were on account. Assume that Castile Products. Inc., paid dividends of $2.15 per share during the year. Also assume that the company's common stock had a market price of $56 at the end of the year and there was no change in the number of outstanding shares of common stock during the year. Compute financial ratios as follows: Earnings per share. (Round your answer to 2 decimal places.) 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%).) Dividend yield ratio. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place.) Book value per share. (Round your answer to 2 decimal places.)Step by Step Solution
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