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The financial statements for Castile Products, Incorporated, are given below: Castile Products, Incorporated Balance Sheet December 3 1 Assets Current assets: Cash Accounts receivable, net

The financial statements for Castile Products, Incorporated, are given below:
Castile Products, Incorporated
Balance Sheet
December 31
Assets
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, 10%
Total liabilities
Stockholders' equity:
Common stock, $5 per value
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity
Account balances at the beginning of the year were: accounts receivable, $180,000; and inventory, $350,000. All sales were on
account.
Assume that Castile Products, Incorporated paid dividends of $2.45 per share during the year. Also assume that the company's
common stock had a market price of $72 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:
Earnings per share. (Round your answer to 2 decimal places.)
Dividend payout ratio. (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to 2
decimal places.)
Dividend yield ratio. (Round your percentage answer to 2 decimal places.)
Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
Book value per share. (Round your answer to 2 decimal places.)
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