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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

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 companys common stock at the end of this year was $19.00. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
This Year Last Year
Assets
Current assets:
Cash $ 3,812 $ 3,980
Accounts receivable, net 12,500 9,200
Inventory 9,800 8,280
Prepaid expenses 1,820 2,140
Total current assets 27,932 23,600
Property and equipment:
Land 6,200 6,200
Buildings and equipment, net 19,400 19,200
Total property and equipment 25,600 25,400
Total assets $ 53,532 $ 49,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 9,700 $ 8,400
Accrued liabilities 640 800
Notes payable, short term 320 320
Total current liabilities 10,660 9,520
Long-term liabilities:
Bonds payable 7,500 7,500
Total liabilities 18,160 17,020
Stockholders' equity:
Common stock 820 820
Additional paid-in capital 4,300 4,300
Total paid-in capital 5,120 5,120
Retained earnings 30,252 26,860
Total stockholders' equity 35,372 31,980
Total liabilities and stockholders' equity $ 53,532 $ 49,000

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
This Year Last Year
Sales $ 81,000 $ 76,000
Cost of goods sold 53,000 49,000
Gross margin 28,000 27,000
Selling and administrative expenses:
Selling expenses 8,700 8,200
Administrative expenses 12,200 11,200
Total selling and administrative expenses 20,900 19,400
Net operating income 7,100 7,600
Interest expense 900 900
Net income before taxes 6,200 6,700
Income taxes 2,480 2,680
Net income 3,720 4,020
Dividends to common stockholders 328 656
Net income added to retained earnings 3,392 3,364
Beginning retained earnings 26,860 23,496
Ending retained earnings $ 30,252 $ 26,860

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.)

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