The financial statements for Castile Products, Incorporated, are given below:

Castile Products, Incorporated

Balance Sheet

December 31

Assets

Current assets:

Cash $ 23,000

Accounts receivable, net 170,000

Merchandise inventory 330,000

Prepaid expenses 11,000

Total current assets 534,000

Property and equipment, net 820,000

Total assets $ 1,354,000

Liabilities and Stockholders' Equity

Liabilities:

Current liabilities $ 300,000

Bonds payable, 11% 340,000

Total liabilities 640,000

Stockholders equity:

Common stock, $5 per value $ 120,000

Retained earnings 594,000

Total stockholders equity 714,000

Total liabilities and stockholders equity $ 1,354,000

Castile Products, Incorporated

Income Statement

For the Year Ended December 31

Sales $ 2,270,000

Cost of goods sold 1,250,000

Gross margin 1,020,000

Selling and administrative expenses 590,000

Net operating income 430,000

Interest expense 37,400

Net income before taxes 392,600

Income taxes (30%) 117,780

Net income $ 274,820

Account balances at the beginning of the year were: accounts receivable, $180,000; and inventory, $290,000. All sales were on account.

Assume that Castile Products, Incorporated, paid dividends of $3.55 per share during the year. Also assume that the companys common stock had a market price of $70 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.)