5 166 points 02:14.19 Exercise 14-5 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 910,000 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 the year was $24. All of the company's sales are on account Skipped Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets eBook Hint Current assetsry Cash Accounts receivable, net Inventory Prepaid expenses Total current assets) $ 1,506 15,500 $1,720 10,300 10,250 8,640 1,910. 2,320 29,166 22,900 Property and equipment Land 7,100 7,100 Print Buildings and equipment, net 20,300 20,100 Total property and equipment 27,400 27,200 Total assets $56,566 $50,180 References Liabilities and Stockholders' Equity Current liabilities Accounts payable $10,600 $ 0,050 Accrued liabilities 820 Notes payable, short term 410 1,250 410 Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders equity: Common stock 11,830 10,510 6,250 6,250 18,080 16,760 910 910 Additional paid-in capital 4,750 4,750 Total paid-in capital 5,660 5,660 Retained earnings 32,826 27,760 Total stockholders' equity 38,486 33,420 Total liabilities and stockholders' equity $56,566 $50,180)