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#3 and #4 are incorrect Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below The company did
#3 and #4 are incorrect
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 yeor. A total of B90,000 shares of commonstock were outstanding. The Interest rate on the bond payable was 12%, the income tax rate wo 40%, and the dividend per share of common stock was $075 last year and $0.40 this year. The market value of the company'2 common stock at the end of this year wos $2250 All of the company's sales are on eccount Required: Compute the following financial data for this year: 1. Earnings per share. (Round your answer to 2 decimal places.) 2. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 3. Dividend payout ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 4. Dividend yleld ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 5 Book value per share. (Round your answer to 2 decimal places.) Step by Step Solution
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