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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 Accounts receivable, net Merchandise

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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 Accounts receivable, net Merchandise inventory Prepaid expenses Total current assets Property and equipment, net Total assets $ 19,000 240,000 370,000 7000 636,000 850,000 $1,486,000 $ 300,000 370,000 Liabilities and Stockholders' Equity Liabilities Current liabilities Bonds payable, 10% Total liabilities Stockholders' equity Common stock, 55 par value Retained earnings Total stockholders' equity Total liabilities and equity 670,000 $ 190,000 626,000 816,000 $1.486 000 Castile Products, Inc Income Statement For the Year Ended December 31 Sales $2.290.000 Cost of goods sold 1240,000 Gross margin 1,050,000 Selling and administrative expenses 630,000 Net operating income Interest expense 420,000 37.000 Castle Products the Income Statement For the Year Ended December 31 5 52.200 000 Cost of goods sold 1.240.000 Gross margin 1.050.000 Selling and administrative expenses 630 000 Net Operating income 420.000 Inforest expense 37.000 Net income before Income taxes (304) 383.000 114.900 Net income $ 200 100 Account balances at the beginning of the year wore accounts receivable, $210,000, and Inventory $310,000. Al sales were on account Assume that Castle Products Inc paid dividends of 5365 per share during the year. Also assume that the company's common stock had a market price of $54 at the end of the year and there was no change in the number of outstanding shares of common stock dunng the yoar Required: Compute financial ratios as follows 1. Earnings per share. (Round your answer to 2 decimal places.) Account balances at the beginning of the year were accounts recente, 5210.000, and Inventory $310.000. All sales were on account Assume that Castle Products, inc. pad dividends of $3.55 per Share during the you. Also assume that the company's common stock had a market price of 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) Earnings per share 2. Dividend payout ratio (Round your intermediate calculations to 2 decimal places. Round your final percentage answer to 1 decimal place (ie, 0.1234 should be considered as 12,3%).) Dividend payout ratio % 3. Dividendyoldat (Round your percentage answer to 1 decimal place 0.1234 should be considered as 1235) Price-camins ratio (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place) 5. Book valo por share (Round your answer to 2 decimal places) Book value per share

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