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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December appear below. The company did not issue any new common stock during the year. A total of shares of common stock were outstanding. The interest rate on the bond payable was the income tax rate was and the dividend per share of common stock was $ last year and $ this year. The market value of the company's common stock at the end of this year was $ All of the company's sales are on account.
Ending retained earnings
Required:
Compute the following financial ratios for this year:
Times interest earned ratio.
Debttoequity ratio.
Equity multiplier.
For all requirements, round your answers to decimal places.
table Times interest eamed ratio, Debttoequity ratio, Equity multiplier,
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