The financial statements for Castile Products, Incorporated, are given below: Castile Products, Incorporated Balance Sheet Assets December 31 Current assets: Cash Accounts receivable, net Merchandise inventory Prepaid expenses Total current assets Property and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 9% Total liabilities Stockholders' equity: Common stock, $10 per value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Castile Products, Incorporated Income Statement For the Year Ended December 31 $ 22,000 260,000 360,000 12,000 654,000 840,000 $ 1,494,000 $ 280,000 330,000 610,000 $ 130,000 754,000 884,000 $ 1,494,000 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 $ 2,240,000 1,240,000 1,000,000 660,000 340,000 29,700 310,300 93,090 $ 217,210 Account balances at the beginning of the year were: accounts receivable, $180,000; and inventory, $310,000. All sales were on account. Assume that Castile Products, Incorporated, paid dividends of $3.35 per share during the year. Also assume that the company's common stock had a market price of $55 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. Note: Round your answer to 2 decimal places. 2. Dividend payout ratio. Note: Round your intermediate calculations to 2 decimal places. Round your percentage final answer to 2 decimal places. 3. Dividend yield ratio. Note: Round your percentage answer to 2 decimal places. 4. Price-earnings ratio. Note: Round your intermediate calculations and final answer to 2 decimal places. 5. Book value per share. Note: Round your answer to 2 decimal places.