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 850,000 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 $20.50. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) 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 This Year Last Year $ 1,810 $ 710 12,800 10,000 9,950 8,400 1,850 2,200 26,410 21,310 6,500 6,500 19,700 26,200 19,500 26,000 Total assets Liabilities and Stockholders' Equity $ 52,610 $ 47,310 Current liabilities: Accounts payable Accrued liabilities $ 10,000 $8,550 700 950 Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities 350 350 11,050 9,850 5,000 5,000 16,050 14,850 Stockholders' equity: Common stock 850 850 Additional paid-in capital 4,450 4,450 Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 31,260 3457 5,300 31477 5,300 27,160 36,560 32,460 $ 52,610 $ 47,310 Comparative Income Statement and Reconciliation Weller Corporation (dollars in thousands) Sales Cost of goods sold 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 Required: Compute the following financial data for this year: 1. Earnings per share. (Round your answer to 2 decimal places.) This Year $ 84,000 54,500 29,500 Last Year $ 79,000 50,500 28,500 9,000 8,500 12,500 11,500 21,500 20,000 8,000 8,500 600 600 7,400 7,900 2,960 3,160 4,440 4,740 340 4,100 27,160 680 4,060 23,100 $ 31,260 $ 27,160 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.) 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