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6 Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new

6 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 890,000 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 $22.50. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) Check my This Year Last Year Book Hot Assets Current assetes Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment Land Buildings and equipment, net Print Total property and equipment Total assets rences Current liabilities Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term Liabilities Bonds payable Total liabilities Stockholders' equitys $4,774 $5,550 15,300 10,200 10,150 8,560 1,990 2,280 32,114 26,590 6,900 6,900 20,100 19,900 27,000 26,800 59,114 $53,390 $10,400 $8.750 700 1,1501 390 390 11.570 10.290 10,000 21,570 10,000 20,290 890 090 4,650 4,650 Total paid-in capital 5,540 5,540 Retained earnings 32,004 27,560 Total stockholders' equity 37,544 33,100 Total liabilities and stockholders' equity $59,114 $ 53,390 Common stock Additional paid-in capital 2.5 points eBook Hint Print References Sales Cost of goods sold Gross margin Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year $88,000 56,500 Last Year $ 83,000 52,500 30,500 Selling and administrative expenses Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes. Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings Required: Compute the following financial data for this year. 1. Earnings per share. (Round your answer to 2 decimal places.) 31,500 9,400 8,900 12,900 11,900 22,300 20,800 9,200 9,700) 1,200 1,200 8,000 8,500 3,200 3,400 4,800 5,100 356 4,444 27,560 $ 32,004 $27,560 712 4,388 23,172 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 yield ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share %

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