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The financial statements for Castile Products, Inc., are given below:

Castile Products, Inc. Balance Sheet December 31
Assets
Current assets:
Cash				$	24,000
Accounts receivable, net					170,000
Merchandise inventory					390,000
Prepaid expenses					12,000
Total current assets					596,000
Property and equipment, net					900,000
Total assets				$	1,496,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities				$	260,000
Bonds payable, 11%					400,000
Total liabilities					660,000
Stockholders equity:
Common stock, $5 par value				$	110,000
Retained earnings					726,000
Total stockholders equity					836,000
Total liabilities and equity				$	1,496,000
Castile Products, Inc. Income Statement For the Year Ended December 31 Sales $ 2,240,000 Cost of goods sold 1,170,000 Gross margin 1,070,000 Selling and administrative expenses 560,000 Net operating income 510,000 Interest expense 44,000 Net income before taxes 466,000 Income taxes (30%) 139,800 Net income $ 326,200 Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory, $270,000. All sales were on account. Assume that Castile Products, Inc., paid dividends of $3.05 per share during the year. Also assume that the companys common stock had a market price of $71 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 2. Dividend payout ratio. (Round your intermediate calculations to 2 decimal places. Round your final percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) 3. Dividend yield ratio. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) 4. Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place. 5. Book value per share. (Round your answer to 2 decimal places.)

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