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 930,000 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 $24.50. All of the company's sales are on account. this Your Last Year $4.030 13.700 10,350 1930 32.018 $ 4,140 10,400 0.720 2,260 25620 + Weller Corporation Comparative Balance Sheet (dollar in thousands) Assets Current auto Cash Accounts receivable, net Inventory Prepaid expenses Total current eta Property and equipment Land Duildings and equipment, net Total property and equipment Total to Liabilities and stockholders' Equity Current abilities: Accounts payable Accrued liabilities Note payablo, ahort term Total current liabilities tong-term liabilities Bonds payable Total liabition stockholders' equity Common stock Additional paid-in capital Total paid-capital detained earning Total otockholders equity Total liabilities and stockholders equity 7,300 20,500 22.000 559,010 7.300 20,300 27.600 $53,220 nces $10,000 860 430 12,090 $8.950 1,350 420 10,730 3750 20.840 B250 1940 930 4,850 3,70 33.190 38,970 559.00 930 4,050 5.780 27,960 740 $53,220 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands This Year Last Year Sales $92,000 $87,000 Cost of goods sold 58,500 54,500 Gross margin 33,500 32,500 Selling and administrative expenses: Selling expenses 9,800 9,300 Administrative expenses 13,300 12.300 Total selling and administrative expenses 23,100 21,600 Net operating income 10,400 10,900 Interest expense 1,050 1,050 Net income before taxes 9,350 9,850 Income taxes 3,740 3,940 Net income 5,610 5,910 Dividends to common stockholders 372 744 Net income added to retained earnings 5,238 5,166 Beginning retained earnings 27,960 22,794 Ending retained earnings $33,198 $ 27,960 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 intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Eamings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio % % 33,500 32,500 Gross margin Selling and administrative expenses : Selling expenses Administrative expenses Total selling and administrative expenses Net operating income 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 9,800 13,300 23,100 10,400 1,050 9,350 3,740 5,610 372 5,238 27.960 $33,198 9,300 12,300 21,600 10,900 1,050 9,850 3,940 5,910 744 5,166 22,794 $27,960 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 intermediate 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 % %