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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 970,000 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 the year was $26.50. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 3,302 16,100 10,550 1,970 31,922 $ 4,230 9, 100 8,880 2,448 24,650 7,700 20,900 28,600 $60,522 7,700 20,700 28,400 $53,050 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 $11,200 940 470 12,610 $ 9,150 1,550 478 11,170 7,500 20, 110 7,500 18,670 970 5,050 6,020 34,392 40,412 $60,522 978 5,050 6,020 28,360 34,380 $53,650 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year sales $96,000 cost of goods sold 60,500 Gross margin 35,500 Selling and administrative expenses: Selling expenses 10,200 Administrative expenses 13,700 Total selling and administrative expenses 23,900 Last Year $91,080 56,500 34,500 9,700 12,700 22,480 Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 23,900 11,600 900 10,700 4,280 6,420 388 6,032 28,360 $34,392 22,480 12,100 900 11,200 4,480 6,720 776 5,944 22,416 $28,360 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 yleld ratio. (Round your answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share % %

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