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 920,000 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 $24.00. All of the company's sales are on account. Moller Corporation Comparative Balance Sheet dollar in thousands) The Year Last Year $ 2,772 15,600 10.300 1.920 5.2.930 10.350 8.686 2,340 24,00 7,200 20.400 277600 $58,192 7,200 20,200 27,400 $51.700 Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total curret assets Property and equipment Land Buildings and equipment, net Total property and equipment Total stats Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued tabletten Notes payable, short term Total current liabilities Long-ter liabilit Bonde payable Total abilities Stockholdere equity Common stock Additional pald-in capital Total paid-in capital Betained earning Total stockholders equity Total liabilities and stockholders' equity $10,100 840 420 11,960 5 3.900 1.300 420 7.500 1960 920 5.000 5.720 22.012 302)2 558,192 4.100 5,720 22.360 327500 351,700 (dollars in thousands) This Year Last Year $91,000 $86,000 58,000 54,000 33,000 32,000 Sales Cost of goods sold Gross margin Selling and administrative expenses : Selling expenses Administrative expenses 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 9,700 13,200 22,900 10,100 900 9,200 3,680 5,520 368 5,152 27,860 $33,012 9,200 12,200 21,400 10,600 900 9,700 3,880 5,820 736 5,084 22,776 $27,860 es 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.) 1. Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share % %
