Question
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
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 980,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 12%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $27.00. All of the companys sales are on account.
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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.) |
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