Question
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
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 1,000,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 12%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the company's common stock at the end of the year was $28.00. All of the company's sales are on account.
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.(Roundyourintermediate calculations and final answer to 2 decimal
4.Dividend yield ratio.(Roundyourintermediate calculations and final answer to 2 decimal places.)
5.Book value per share.(Round your answer to 2 decimal places.)
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