2 Check my work Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 930,000 shares of common stock were outstanding The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $24.50. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities This Year Last Year $4,038 $ 4,140 15,700 10,350 10,400 8,720 1,930 2,360 32,018 25,620 7,300 7,300 20,500 20,300 27,000 27,600 $ 59,818 $53,220 $10,00 860 < Prev 6 of 6 Next > DELL # $ % 4 5 2 w E R T Y S D F G H 7 C Z x C V B N M 2-in-1 Alt 1 9 $ 8,950 2,350 0 O K L v. 12 P ? Wednesday, A Alt Ctri E Home