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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 890,000 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 $22.50. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands ) This Year Last Year $ 4,774 15,300 10,150 1,890 32,114 $ 5,550 10, 200 8,560 2,280 26,590 6,900 20,100 27,000 $ 59, 114 6,900 19,900 26,800 $ 53,390 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: Accounts payable 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 $ 10,400 780 390 11,570 $ 8,750 1,150 390 10,290 10,000 21,570 10,000 20, 290 890 4,650 5,540 32,004 37,544 $ 59, 114 890 4,650 5,540 27,560 33, 100 $ 53,390 Last Year 83,000 52,500 30,500 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $ 88,000 Cost of goods sold 56,500 Gross margin 31,500 Selling and administrative expenses: Selling expenses 9,400 Administrative expenses 12,900 Total selling and administrative expenses 22,300 Net operating income 9,200 Interest expense 1,200 Net income before taxes 8,000 Income taxes 3,200 Net income 4,800 Dividends to common stockholders 356 Net income added to retained earnings 4,444 Beginning retained earnings 27,560 Ending retained earnings $ 32,004 8,900 11,900 20,800 9,700 1,200 8,500 3,400 5,100 712 4,388 23, 172 $ 27,560 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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