25 5 points ebook Exercise 14-5 (Algo) Financial Ratios for Assessing Profitability [LO14-5] 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 880,000 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 $22. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) Hint Assets This Year Last Year Print References Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Total paid-in capital Property and equipments Land Buildings and equipment, net Total property and equipeent Total assets Current abilities: Liabilities and Stockholders' Equity Accounts payable Accrued 11abilities Notes payable, short term Total current liabilities Long-term 11abilities: Bonds payable Total liabilities Stockholders equity Common stock Additional paid-in capital Retained earnings $ 3,508 $4,340 15,200 10,150 10,100 5,520 1,880 2,260 30,688 25,270 6,000 6,500 20,000 19,000 26,800 26,600 $ 57,488 $51,870 $ 10,200 760 380 11,440 $ 0,700 1,100 300 10,100 5,750 20,198 0,259 15,930 800 800 4,600 4,600 5,400 5,400 33,818 27,460 Total stockholders' equity 17.298 37,940 Total liabilities and stockholders' equity $ 57,488 $51,070