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The financial statements for Castile Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recelvable, $230,000, and inventory, $260,000,

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The financial statements for Castile Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recelvable, $230,000, and inventory, $260,000, All sales were on account: Assume that Castile Products, Incorporated, paid dividends of $3.05 per share during the year. Also assume that the company's common stock had a market price of $66 at the end of the yeat and there was no change in the number of outstanding shares of cormmon stock during the yeor. Required: Compute financial ratios as followrs common stock during the year. Required: Compute financial ratios as follows: 1. Eamings 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.) Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 9 s Total liabilities Stockholders' equity: Common stock, $5 per value Retained earnings Total stockholders equity Total liabilities and stockholders' equity $290,000340,000630,000 S 190,000 $1,500,000870,000680,000 Castale Products, Incorporated Incoese Statement For the Vear Ended December 31 Sales Cost of poods sold Gross margin Selling and administrative expenses wet operating incoes Interest expense Net incone before taxes Incose taces (30x) Net Incotee $2,130,0001,160,000970,000570,000400,00030,600360,400110,8205258,580

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