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The financial statements for Castile Products, Inc., are given below: Account balances at the beginning of the year were: accounts receivable, $230,000; and inventory, $320,000.

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

Account balances at the beginning of the year were: accounts receivable, $230,000; and inventory, $320,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $3.95 per share during the year. Also assume that the company's common stock had a market price of $58 at the end of the year and there was no change in the number of outstanding shares of common stock during the year.

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.)

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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 200,000 Merchandise inventory 320,000 Prepaid expenses 11,000 Total current assets 550,000 Property and equipment, net 850,000 Total assets $1,400,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 260,000 Bonds payable, 11% 350,000 Total liabilities 610,000 Stockholders' equity: Common stock, $5 par value $ 170,000 Retained earnings 620,000 Total stockholders' equity 790,000 Total liabilities and equity $1,400,000 Castile Products, Inc. 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 600,000 Net operating income 420,000 Interest expense 38,500 Net income before taxes 381,500 Income taxes (30%) 114,450 Net income $ 267,050

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