The financial statements for Castile Products, Inc., are given below:

Castile Products, Inc.

Balance Sheet

December 31AssetsCurrent assets:Cash$20,000Accounts receivable, net200,000Merchandise inventory310,000Prepaid expenses9,000Total current assets539,000Property and equipment, net900,000Total assets$1,439,000Liabilities and Stockholders' EquityLiabilities:Current liabilities$290,000Bonds payable, 11%350,000Total liabilities640,000Stockholders' equity:Common stock, $10 per value$190,000Retained earnings609,000Total stockholders' equity799,000Total liabilities and stockholders' equity$1,439,000

Castile Products, Inc.

Income Statement

For the Year Ended December 31Sales$2,190,000Cost of goods sold1,230,000Gross margin960,000Selling and administrative expenses570,000Net operating income390,000Interest expense38,500Net income before taxes351,500Income taxes (30%)105,450Net income$246,050

Account balances at the beginning of the year were: accounts receivable, $170,000; and inventory, $330,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $3.85 per share during the year. Also assume that the company's common stock had a market price of $57 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. (i.e., 0.1234 should be entered as 12.34).)

3. Dividend yield ratio.(Round your percentage answer to 2 decimal places. (i.e., 0.1234 should be entered as 12.34).)

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. (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. (i.e., 0.1234 should be entered as 12.34).) 3. Dividend yield ratio. (Round your percentage answer to 2 decimal places. (i.e., 0.1234 should be entered as 12.34).) 4. Priceearnings ratio. (Round your intermediate calculations and nal answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) . Earnings per share . Dividend payout ratio 1 2 3. Dividend yield ratio 4. Price-eamings ratio 5 . Book value per share