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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending 600,000 shares of common stock were outstanding. The interest rate on the

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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending 600,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 10%. 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 $25. All of the company's sales are on account

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