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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
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,
Total liabilities
Stockholders' equity:
Common stock, $ per value
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity
Account balances at the beginning of the year were: accounts receivable, $; and inventory, $ All sales were on
account.
Assume that Castile Products, Incorporated paid dividends of $ per share during the year. Also assume that the company's
common stock had a market price of $ 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 decimal places.
Dividend payout ratio. Round your intermediate calculations to decimal places. Round your percentage final answer to
decimal places.
Dividend yield ratio. Round your percentage answer to decimal places.
Priceearnings ratio. Round your intermediate calculations and final answer to decimal places.
Book value per share. Round your answer to decimal places.
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