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) 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' amity This Year Last Year $ 1,090 9,800 12,200 650 $ 1,400 7,800 11,200 580 23,740 20,980 9,700 46,573 56,273 $ 80,013 9,700 39,174 48,874 $ 69,854 $ 19,800 940 $ 19,300 890 170 20,910 170 20,360 9,100 30,010 9,100 29,460 700 700 4,000 4,000 4,700 4,700 45,303 35,694 50.003 40.394 < Prev 3 of 6 Next >