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7 Exercise 14-6 Financial Ratios for Assessing Market Performance (LO14-6) 2.54 points Comparative financial statements for Weller Corporation, a merchandising company for the year ending

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7 Exercise 14-6 Financial Ratios for Assessing Market Performance (LO14-6) 2.54 points 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 830,000 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 $19.50. All of the company's sales are on account. eller Corporation Comparative Bilance Sheet (dollars in thousanda) This Year Last Year 5,078 12,600 9.00 1,01 20. 15,190 9.250 0.320 2160 20.970 sete Curre Cau Moterivale.net Twentory Prepaid Total curent Property and at Tani and spent Total property and Total Lisies solderity Car Talk NIE Dayable Meer Notepayable to Turent al Lantern tea Honda 5.300 10-30 25.000 555,158 300 19.00 25,800 350.920 + 9.00 660 33 10.20 18.450 50 330 . 3.750

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