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The financial statements for Castile Products, Inc., are given below: Castile Products, Inc. Balance Sheet December 31 Assets Current assets: Cash $ 18,000 Accounts receivable,

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

Castile Products, Inc. Balance Sheet December 31
Assets
Current assets:
Cash $ 18,000
Accounts receivable, net 230,000
Merchandise inventory 350,000
Prepaid expenses 9,000
Total current assets 607,000
Property and equipment, net 910,000
Total assets $ 1,517,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities $ 250,000
Bonds payable, 11% 310,000
Total liabilities 560,000
Stockholders equity:
Common stock, $10 par value $ 130,000
Retained earnings 827,000
Total stockholders equity 957,000
Total liabilities and equity $ 1,517,000

Castile Products, Inc. Income Statement For the Year Ended December 31
Sales $ 2,240,000
Cost of goods sold 1,180,000
Gross margin 1,060,000
Selling and administrative expenses 650,000
Net operating income 410,000
Interest expense 34,100
Net income before taxes 375,900
Income taxes (30%) 112,770
Net income $ 263,130

Account balances at the beginning of the year were: accounts receivable, $140,000; and inventory, $340,000. All sales were on account.

Assume that Castile Products, Inc., paid dividends of $2.55 per share during the year. Also assume that the companys common stock had a market price of $57 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.)

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%).)

Dividend payout ratio %

3.

Dividend yield ratio. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).)

Dividend yield ratio %
4.

Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to1 decimal place.)

Price-earnings ratio

5.

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

Book value per share

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