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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 Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 11% Total liabilities Stockholders' equity: Common stock, $10 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 19,000 200,000 330,000 10,000 559,000 870,000 $1,429,000 $ 210,000 400,000 610,000 170,000 649,000 819,000 $1,429,000 Castile Products, Inc. Income Statement For the Year Ended December 31 Sales rost of oondis cold $2,110,000 1 750 AAA Castile Products, Inc. Income Statement 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 $2.110.689 1.250.000 860,000 570,000 299,000 44,009 246,000 73,899 $ 172.299 Account balances at the beginning of the year were accounts receivable, $170,000, and inventory, $350,000. All sales were on account Assume that Castile Products, Inc., paid dividends of $3.35 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. 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.)

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