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 840,000 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 $20.00. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 6,344 12,700 9,900 1,840 30,784 $ 6,4ee 9,380 8,360 2,180 26,240 6,480 19,680 26,eee $56,784 6,480 19,480 25,880 $52,040 Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 9,900 680 340 10,920 $ 8,5ee 980 340 9,740 le, eee 1e, eee 20,920 19,740 849 4,480 5,240 38,624 35,864 $56,784 840 4,480 5,240 27,260 32,380 $52,840 Last Year $78,080 50,000 28,080 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $83,80 Cost of goods sold 54,000 Gross margin 29,eee Selling and administrative expenses Selling expenses Administrative expenses 12,480 Total selling and administrative expenses 21,380 Net operating income 7,780 Interest expense 1, 2ee Net income before taxes 6,5ee Income taxes 2,689 Net income 3,988 Dividends to common stockholders 336 Net income added to retained earnings 3,564 Beginning retained earnings 27,060 Ending retained earnings $30,624 8,480 11,480 19,800 8, 289 1,280 7.ee 2,800 4, 2ee 672 3,528 23,532 $27,060 Required: Compute the following financial data for this year: 1. Earnings per share. (Round your answer to 2 decimal places.) 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 Intermedlate 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 96 96 Screenshot sa The screensho OneDrive. OneDrive
