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Comparative financial statements for Weiler Corporation, a merchandising company for the year ending December The company did not issue any new common stock during the

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Comparative financial statements for Weiler Corporation, a merchandising company for the year ending December The company did not issue any new common stock during the year A total of 600.000 shares of commande interest rate on the bond payable was 10% the income tax rate was 60% and the end person of common year and $0.40 this year. The market value of the company's common stock at the end of the ye.com are on account eller Corporation Comparative Biance sheet (dollars in thousands Assets This area Current assets: Cash $1,250 $1,250 Accounts receivable, net 9.50 6.000 Inventory 1).900 11,00 Prepaid expenses 660 Total current assets 2521 20.12 Property and equipment . Land 4649 2. Buildings and equipment, net Total property and equipment $80,762 $71.03 Total assets Liabilities and Stockholders' Equity Current libilities: 530,00 Accounts payable 18. Accrued liabilities Notes paysble, short teen Total current abilities Long-term ibilities Na o Search Total stockholders' equity Total liabilities and stockholders' watty 10. 10,300 6.2 Comparative Incoee State and conditii (dollars in thousands Sales Cost of goods sold 21,340 Gross margin Selling and administrative expenses 31, Selling expenses 11,200 Administrative expenses 6000 Total selling and administrative expenses 18000 Net operating income 333.5 Interest expense 970 Net income before taxes 12,335 Income taxes 5.014 23.521 Net Income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings 545,20 Ending retained earnings 92 12.53 7.51 3. 7. 30.4 $35.0 Required: Compute the following financial data for this year Ned> 17 of 20

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