Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory, $260,000. all sales were on account. assume that castile products, inc., paid dividends of $2.65 per share during the year. also assume that the company’s common stock had a market price of $66 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. (round your answer to 2 decimal places.) 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%