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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

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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 810,000 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 $18.50. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 2,546 12,400 9,750 1,810 26,506 $ 2,770 9,150 8,240 2,120 22,280 6,100 19,300 25,400 $ 51,906 6,100 19, 100 25, 200 $ 47, 480 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' equity Total liabilities and stockholders' equity $ 9,600 620 310 10,530 $ 8,350 750 310 9, 410 6,250 16,780 6,250 15.660 810 4.250 5,060 30,066 35, 126 $ 51,906 810 4,250 5,060 26,760 31,827 $ 47, 480 Last Year $ 75,000 48,500 26,500 weiter corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $ 80,000 Cost of goods sold 52,500 Gross margin 27,500 Selling and administrative expenses: Selling expenses 8,600 Administrative expenses 12,100 Total selling and administrative expenses 20,700 Net operating income 6,800 Interest expense 750 Net income before taxes 6,050 Income taxes 2,420 Net income 3,630 Dividends to common stockholders 324 Net income added to retained earnings 3,306 Beginning retained earnings 26,760 Ending retained earnings $ 30,066 8,100 11,100 19,200 7,300 750 6,550 2,620 3,930 648 3,282 23,478 $ 26,760 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 intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Eamings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share % %

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