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, 91 Total liabilities Stockholders' equity: Common stock, $5 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 21,000 180,000 390,000 8,000 599,000 850,000 $1,449,000 $ 230,000 370,000 600,000 $ 150,000 699,000 849,000 $1,449,000 Castile Products, Ine. Income Statement For the Year Ended December 31 Sales $2,240,000 Cost of goods sold 1,220,000 Gross margin 1,020,000 Selling and administrative expenses 580,000 Bet operating income 440,000 Interest expense 33,300 Net income before taxes 406,700 Income taxes (308) 122,010 Net income $ 284,690 Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $320,000. AI account Assume that Castile Products, Inc., paid dividends of $3.55 per share during the year. Also assume that the comp stock had a market price of $61 at the end of the year and there was no change in the number of outstanding she 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 fit decimal places.) 3. Dividend yield ratio. (Round your percentage answer to 2 decimal places.) Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $320,000. All sales were on account Assume that Castile Products, Inc., paid dividends of $3.55 per share during the year. Also assume that the company's common stock had a market price of $61 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 4. Price-earings ratio 5. Book value per share %