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Category > Business & Finance Posted 18 May 2017 My Price 11.00

Refer to the financial statements

Refer to the financial statements for Castile Products, inc., in Exercise 16-7. In addition to the data in these statements, assume that Castile Products, Inc., paid dividends of $2.10 per share during the year. Also assume that the company’s common stock had a market price of $42 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.
3.Dividend yield ratio.
4.Price-earnings ratio

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Status NEW Posted 18 May 2017 03:05 AM My Price 11.00

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