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	190,000
Merchandise inventory	390,000
Prepaid expenses	11,000
Total current assets	614,000
Property and equipment, net	860,000
Total assets	$ 1,474,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities	$ 250,000
Bonds payable, 11%	360,000
Total liabilities	610,000
Stockholders equity:
Common stock, $10 per value	$ 150,000
Retained earnings	714,000
Total stockholders equity	864,000
Total liabilities and stockholders equity	$ 1,474,000

Castile Products, Incorporated Income Statement For the Year Ended December 31
Sales	$ 2,200,000
Cost of goods sold	1,250,000
Gross margin	950,000
Selling and administrative expenses	600,000
Net operating income	350,000
Interest expense	39,600
Net income before taxes	310,400
Income taxes (30%)	93,120
Net income	$ 217,280

Account balances at the beginning of the year were: accounts receivable, $170,000; and inventory, $290,000. All sales were on account.

Assume that Castile Products, Incorporated paid dividends of $2.95 per share during the year. Also assume that the companys common stock had a market price of $56 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.)

Castile Products, Incorporated Balance Sheet December 31 Assets Current assets: Cash $23,000190,000390,00011,000614,000860,000$1,474,000 Accounts receivable, net Merchandise inventory Prepaid expenses Total current assets Property and equipment, net Total assets $1,474,000 Liabilities and stockholders' Equity Liabilities : Current liabilities Bonds payable, 11% Total liabilities $250,000360,000610,000 Stockholders' equity: Common stock, $10 per value $150,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 714,000864,000$1,474,000 Castile Products, Incorporated Income Statement For the Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes (30\%) Net income $2,200,0001,250,000950,000600,000350,00039,600310,40093,120$217,280