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 800,000 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 companys common stock at the end of

this year was $18. All of the companys sales are on account.

Compute the following financial data and ratios for this year:

1. Working capital.

2. Current ratio.

3. Acid-test ratio.

1.Accounts receivable turnover. (Assume that all sales are on account.)

2. Average collection period.

3. Inventory turnover.

4. Average sale period.

5. Operating cycle.

6. Total asset turnover.

1.Times interest earned ratio.

2. Debt-to-equity ratio.

3. Equity multiplier.

1.Gross margin percentage.

2. Net profit margin percentage.

3. Return on total assets.

4. Return on equity.

1.Earnings per share.

2. Price-earnings ratio.

3. Dividend payout ratio.

4. Dividend yield ratio.

5. Book value per share.

Weller Corporation Comparative Income Statement and Reconciliation