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The financial statements for Castile Products, Inc. are given below Castile Products, Inc. Balance Sheet Cument assets 22000 240 000 Prepaid expe Property and equipmente

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The financial statements for Castile Products, Inc. are given below Castile Products, Inc. Balance Sheet Cument assets 22000 240 000 Prepaid expe Property and equipmente Total aswets Liabates and Stockholders, EO 250000 Total abilbes Stockholders equity 150 000 1 513000 Cost of goods Selling and nenest expense Net income bef 303 10 Account balances at the beginning of the year were: accounts receivable, $200,000; and inventory, $350,000. All sales were on account. Assume that Castile Products, Inc. paid dividends of $2.75 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 Eamings per share. (Round your answer to 2 decimal places.)

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