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 800.000 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 30.40 this year. The market value of the company's common stock at the end of this year was 518. All of the company's sales are on account Weller Corporation Comparative Balance sheet dollar in thousands) This Year Last Year Aneta Current anter 1.560 9.100 31,280 12,300 9.700 1300 25.000 2100 202.960 6.000 19 200 25200 050,280 6.000 19.000 25.000 345.960 Accounts receivable, not Inventory Prepaid expenses Total current assets Property and equipment Land Buildings and equipment, net Total property and equipment Total Liabilities and Stockholders' Equity Current abilities Accounts payable Accrued liabilities Motos payable, short term Total current liabilities Long-ten abilities Bonda payable Total liabilities stockholdere quity Common stock Maitional pain capital Total paid-in capital Retained ang Total stockholders equity $3,300 900 $9.500 600 300 10.000 1.300 5.000 15,00 14.00 800 4,200 5.000 29,880 36.880 100 6700 5.000 26,660 21,560 25.400 14,300 Total liabilities Stockholders equity Common stock Additional paid.in capital Total pald-in capital Retained earnings Total stockholders equity Total liabilities and stockholders' equity 100 4.200 5,000 29,880 34.380 $50,280 800 4.200 5.000 26,660 31,660 $45,960 Woller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales 579.000 $74,000 Coat of goods sold 52.000 49.000 Gross margin 27,000 26.000 Selling and administrative expenses Selling expenses 8.500 3,000 Administrative expenses 12,000 11.000 Total selling and administrative expenses 20.300 19.000 Het operating income 6.500 7.000 Interest expense 600 600 Net Income before taxes 5,900 6.400 Income taxos 2,360 2.569 Net incond 3,540 3,840 Dividends to common stockholders 320 600 Not income added to retained earningo 3.220 3,240 Beginning retained earnings 26.660 23,420 Ending retained earnings $29,880 $26.660 Required: Compute the following financial data for this year. 1. Earnings per share, (Round your answer to 2 decimal places.) Required: Compute the following financial data for this year 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. (Round your intermediate calculations and final answer to 2 decimal places.) 4. Dividend yield ratio (Round your answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. s 1. 2 443 4.06 Earnings per share Price-carnings ratio Dividend payout ratio Dividend yield ratio Book value per Share 9.04 % 4 2 22% 5 $ 43.80
