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Check my work 3 Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below The company did not
Check my work 3 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 600,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the company's common stock at the end of the year was $20. All of the company's sales are on account. 5 points Weller Corporation Comparative Balance Sheet (dollars in thousands) eBook This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses 1,2601,280 7,300 11,300 550 9,200 12,100 770 Hint 23,33020 130 Total current assets Property and equipment: Print Land 9,400 47,520 40,660 56,920 50,060 $70,490 9,400 Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders'Equity Current liabilities: References $80,250 Accounts payable Accrued liabilities Notes payable, short term $19,700 1,000 $19,300 870 280 20,450 Total current liabilities Long-term liabilities: 20,700 Bonds payable 9,500 30,200 9,500 29,950 Total liabilities Stockholders' equity: Common stock 2,000 4,000 6,000 44,05034,540 50,05040,540 $80,250 70,490 2,000 4, 000 6,000 Additional paid-in capital Total paid-in capital Retained earnings Total stockholders equity Total liabilities and stockholders' equity
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