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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 $ 19,000 Accounts receivable,

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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 $ 19,000 Accounts receivable, net 250,000 Merchandise inventory 360,000 Prepaid expenses 8,000 Total current assets 637,000 Property and equipment, net 900,000 Total assets $1,537,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities 280,000 Bonds payable, 108 320,000 Total liabilities 600,000 Stockholders' equity! Common stock, $5 par value $ 150,000 Retained earnings 787,000 Total stockholders' equity 937,000 Total liabilities and stockholders' equity $1,537,000 Castile Products, Inc. Income Statement For the Year Ended December 31 Sales $2,140,000 Cost of goods sold 1,230,000 Gross margin 910,000 Selling and administrative expenses 560,000 Net operating income 350,000 Interest expense 32,000 Net income before taxes 318,000 Income taxes (308) 95,400 Met income $ 222,600 Account balances at the beginning of the year were: accounts receivable, $180,000; and inventory, $340,000. All sales were on account Assume that Castile Products, Inc., paid dividends of $4.05 per share during the year. Also assume that the company's common stock had a market price of $53 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 Dividend payout 2. ratio 3. Dividend yield ratio 4. Price-earings ratio Book value per 5. share %

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