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

Castile Products, Inc.

Balance Sheet

December 31AssetsCurrent assets:Cash$23,000Accounts receivable, net170,000Merchandise inventory360,000Prepaid expenses9,000Total current assets562,000Property and equipment, net910,000Total assets$1,472,000Liabilities and Stockholders' EquityLiabilities:Current liabilities$250,000Bonds payable, 9%340,000Total liabilities590,000Stockholders' equity:Common stock, $10 par value$150,000Retained earnings732,000Total stockholders' equity882,000Total liabilities and equity$1,472,000

Castile Products, Inc.

Income Statement

For the Year Ended December 31Sales$2,150,000Cost of goods sold1,250,000Gross margin900,000Selling and administrative expenses620,000Net operating income280,000Interest expense30,600Net income before taxes249,400Income taxes (30%)74,820Net income$174,580

Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory, $300,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $2.95 per share during the year. Also assume that the company's common stock had a market price of $62 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 final percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).)

3.Dividend yield ratio.(Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).)

4.Price-earnings ratio.(Round your intermediate calculations to 2 decimal places and final answer to1 decimal place.)

5.Book value per share.(Round your answer to 2 decimal places.)