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 700,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, 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 $27. 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 Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Current liabilities: Accounts payable Liabilities and Stockholders' Equity 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 $ 1,150 10,800 $ 1,390 7,800 13,000 600 11,000 530 25,550 20,720 9,800 9,800 41,137 58,937 $ 76,487 37,956 47,756 $ 68,476 Total stockholders' equity Total liabilities and stockholders' equity Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) $ 18,600 1,090 258 19,940 $ 18,900 840 250 19,990 8,900 28,848 8,900 28,890 700 700 4,000 4,000 4,700 4,700 42,947 34,886 47,647 39,586 $ 76,487 $ 68,476 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 and ratios for this year. This Year Last Year $ 69,000 $ 66,000 36,000 41,000 33,000 25,000 11,100 10,200 6,700 6,200 17,800 16,400 15,200 8,600 890 890 14,310 7,710 5,724 3,084 8,586 4,626 525 8,061 34,886 280 4,346 $ 42,947 30,540 $ 34,886