The financial statements for Castile Products, Inc., are given below:
Castile Products, Inc.
|Accounts receivable, net||190,000|
|Total current assets||526,000|
|Property and equipment, net||890,000|
|Liabilities and Stockholders' Equity|
|Bonds payable, 10%||330,000|
|Common stock, $5 par value||$||130,000|
|Total stockholders’ equity||846,000|
|Total liabilities and equity||$||1,416,000|
1.Earning Per Share= Total Earning Available to common stock holders/No of shares of common stock
No of Equity shares=130000/5=26000
EPS = Net Income/No of Equity Shares
=$10.41 Per share.
2. Dividend payout ratio.
= Dividends per share /Earning per share
3.Dividend Yield Ratio.
=Annual Dividends Per share/Market Price per Share
4.Price earning ratio.
=Market Value per Share / Earnings per Share
5.Book value per share
=Shareholders' Equity - Preferred Shares /Total Number of Outstanding Shares
Shareholders Equity=common stock value + Retained Earnings=130000+716000=716000
Total Number of shares outstanding= Common stock-treasury stock=130000/5=26000
Get Answers For Free
Most questions answered within 1 hours.