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 Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 11% Total liabilities Stockholders' equity: Common stock, $10 per value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 20,000 230,000 340,000 8,000 598,000 820,000 $1,418,000 $ 290,000 370,000 660,000 $ 100,000 658,000 758,000 $1,418,000 Castile Products, Inc. Income Statement For the Year Ended December 31 Sales $2,240,000 Cost of goods sold 1,210,000 Gross margin 1,030,000 Selling and administrative expenses 640,000 Net operating income 390,000 Interest expense 40,700 Net income before taxes 349,300 Income taxes (30%) 104,790 Net income $ 244,510 Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $300,000. 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 $55 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 2. Dividend payout ratio 3. Dividend yield ratio 4. Price-earnings ratio 5. Book value per share %