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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

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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 970,000 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 $26.50. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash $ 3,302 4.230 Accounts receivable, net 16,100 9,180 Inventory 10,550 8,880 Prepaid expenses 1,970 2,440 Total current assets 31,922 24,650 Property and equipment: Land 7,700 7,700 Buildings and equipment, net 20,900 20,700 Total property and equipment 28,600 28,400 Total assets $60,522 $53,050 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $11,200 $9,158 940 1.558 Accrued liabilities 470 470 Notes payable, short term Total current liabilities 12,610 11,170 Long-term liabilities: Bonds payable 7.500 7.500 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $96,000 $91,000 Cost of goods sold 60,500 56,500 Gross margin 35,500 34,500 Selling and administrative expenses: Selling expenses 10,200 9,700 Administrative expenses 13,700 12,700 Total selling and administrative expenses 23,900 22,400 Net operating income 11,600 12,100 Interest expense 900 900 Net income before taxes 10, 700 11, 200 Income taxes 4,280 4,480 Net income 6,420 6, 720 Dividends to common stockholders 388 776 Net income added to retained earnings 6,032 5,944 Beginning retained earnings 28, 360 22,416 Ending retained earnings $34,392 $28,35e 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

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