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

Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory, $280,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $2.25 per share during the year. Also assume that the companys common stock had a market price of $61 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 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 to1 decimal place.)

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

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 $ 19,000 200,000 320,000 12,000 551,000 870,000 Total assets $1,421,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 11% $ 240,000 340,000 580,000 Total liabilities Stockholders' equity: Common stock, $5 par value Retained earnings $ 130,000 711,000 Total stockholders' equity 841,000 Total liabilities and equity $1,421,000 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 620,000 Net operating income 410,000 Interest expense 37,400 Net income before taxes Income taxes (30%) Net income 372,600 111,780 $ 260,820