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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

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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 inventory Prepaid expenses Total current assets Property and equipment net Total assets $ 21,000 230,000 310,000 10,000 571,000 890,000 $1,461,000 S 240.000 320,000 560,000 Liabilities and Stockholders' Equity Liabilities Current liabilities Bonds payable, 10% Total liabilities Stockholders equity Common stock, $10 par value Retained earnings Total stockholders' equity Total liabilities and equity $ 160,000 741,000 901,000 $1 461,000 Castile Products, Inc Income Statement For the Year Ended December 31 Sales $2.280,000 Cost of goods sold 1.220,000 Gross margin 1,060,000 Selling and administrative expenses 570,000 Net operating income 490,000 Interest expense 32,000 458 000 137400 Net income before taxes Income taxes (30%) Net income $ 320,600 Account balances at the beginning of the year were accounts receivable, $190,000 and in $340,000. All sales were on account Assume that Castile Products, Inc., paid dividends of $3.95 per share during the year. Also assume company's common stock had a market price of $60 at the end of the year and there was no change 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.) Earings per share 2 Dividend payout ratio (Round your intermediate calculations to 2 decimal places. Round you percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) Dividend payout ratio % 3. Dividend yield ratio (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) Dividend yield ratio Price-earnings ratio (Round your intermediate calculations to 2 decimal places and final ans 1 decimal place.) Price earnings ratio 5 Book value per share (Round your answer to 2 decimal places.) Book value per share

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