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

Castile Products, Inc. Balance Sheet December 31

Assets

Current assets:

Cash

$

24,000

Accounts receivable, net

170,000

Merchandise inventory

390,000

Prepaid expenses

12,000

Total current assets

596,000

Property and equipment, net

900,000

Total assets

$

1,496,000

Liabilities and Stockholders' Equity

Liabilities:

Current liabilities

$

260,000

Bonds payable, 11%

400,000

Total liabilities

660,000

Stockholders equity:

Common stock, $5 par value

$

110,000

Retained earnings

726,000

Total stockholders equity

836,000

Total liabilities and equity

$

1,496,000

Castile Products, Inc. Income Statement For the Year Ended December 31
Sales	$	2,240,000
Cost of goods sold		1,170,000
Gross margin		1,070,000
Selling and administrative expenses		560,000
Net operating income		510,000
Interest expense		44,000
Net income before taxes		466,000
Income taxes (30%)		139,800
Net income	$	326,200

Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $270,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $3.05 per share during the year. Also assume that the companys common stock had a market price of $71 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

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 to 1 decimal place.

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