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 820,000 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 $19.00. All of the company's sales are on account. ebook Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Print toferences $ 3,812 12,500 9,800 1,820 27.932 $ 3,988 9,2ee 8,280 2.140 23.600 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: Artnavable 6,200 19,400 25,600 $53,532 6,200 19,200 25,400 $49,000 $ 9,700 $ 8,400 Bee 640 320 10,660 9,520 7,5ee 18,160 7,5ee 17, eze 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 sok 820 4,300 5,12e 30, 252 35, 372 $53,532 82e 4,300 5. 12e 26,860 31,980 $49, eee int ences Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $81,000 Cost of goods sold 53,eee Gross margin 28,888 Selling and administrative expenses: Selling expenses 8,700 Administrative expenses 12,200 Total selling and administrative expenses 2e, gee Net operating income 7,100 Last Year $76,000 49, eee 27,000 8, 20e 11,200 19,400 7,600 9ee 6,700 2,680 Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 900 6,200 2,480 3,720 328 3.392 26.860 30, 252 4,020 656 3,364 23,496 $26,860 Required: Compute the following financial data for this year: nces 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 intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) $ 0.00 1. Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4 Dividend vind ratin
