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

Castile Products, Inc.

Balance Sheet

December 31

Assets

Current assets:

Cash

$

22,000

Accounts receivable, net

170,000

Merchandise inventory

340,000

Prepaid expenses

9,000

Total current assets

541,000

Property and equipment, net

880,000

Total assets

$

1,421,000

Liabilities and Stockholders' Equity

Liabilities:

Current liabilities

$

250,000

Bonds payable, 11%

370,000

Total liabilities

620,000

Stockholders equity:

Common stock, $5 par value

$

190,000

Retained earnings

611,000

Total stockholders equity

801,000

Total liabilities and stockholders equity

$

1,421,000

Castile Products, Inc.

Income Statement

For the Year Ended December 31

Sales

$

2,200,000

Cost of goods sold

1,190,000

Gross margin

1,010,000

Selling and administrative expenses

560,000

Net operating income

450,000

Interest expense

40,700

Net income before taxes

409,300

Income taxes (30%)

122,790

Net income

$

286,510

Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $350,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $2.95 per share during the year. Also assume that the companys common stock had a market price of $67 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.)

3. Dividend yield ratio. (Round your percentage answer to 2 decimal places.)

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.)