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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

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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 920,000 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 $24.00. All of the company's sales are on account.
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\table[[\table[[Weller Corporation],[Comparative Balance Sheet],[(dollars in thousands)]],This Year,Last Year],[{
\table[[Assets],[Current assets:]]}],[],[Accounts receivable, net,15,600,10,350],[Inventory,10,300,8,680],[\table[[Prepaid expenses],[Pestal]],1,92030,592,2,34024,300
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