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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 $ 2 2

The financial statements for Castile Products, Incorporated, are given below:
Castile Products, Incorporated
Balance Sheet
December 31
Assets
Current assets:
Cash $ 22,000
Accounts receivable, net 230,000
Merchandise inventory 380,000
Prepaid expenses 9,000
Total current assets 641,000
Property and equipment, net 840,000
Total assets $ 1,481,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities $ 270,000
Bonds payable, 10%360,000
Total liabilities 630,000
Stockholders equity:
Common stock, $5 per value $ 120,000
Retained earnings 731,000
Total stockholders equity 851,000
Total liabilities and stockholders equity $ 1,481,000
Castile Products, Incorporated
Income Statement
For the Year Ended December 31
Sales $ 2,180,000
Cost of goods sold 1,250,000
Gross margin 930,000
Selling and administrative expenses 570,000
Net operating income 360,000
Interest expense 36,000
Net income before taxes 324,000
Income taxes (30%)97,200
Net income $ 226,800
Account balances at the beginning of the year were: accounts receivable, $140,000; and inventory, $310,000. 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 $63 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.)
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