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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 700,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40% and the dividend per share of common stock was 50.75 last year and $0.40 this yeat. The market value of the company's common stock at the end of this year was $21. All of the company's sales are on account. Total property and equipent Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Totel current liabilities Long-tern liabilities: Bonds payable Total liabilities stockholders" equity: Coninon stock. Additional paid-in capital Total pald-in capital Retained earnings Total stockholders? equity Total liabilities and stockholders' equity \begin{tabular}{rr} \hline 50,915 & 48,745 \\ \hline$75,615 & $70,735 \\ \hline \end{tabular} \begin{tabular}{r|r} 9,500 & 9,500 \\ \hline 29,880 & 29,670 \\ \hline \end{tabular} \begin{tabular}{rr} 2,000 & 2,000 \\ 4,000 & 4,000 \\ \hline 6,000 & 6,000 \\ \hline 39,735 & 35,065 \\ \hline 45,735 & 41,065 \\ \hline$.75,615 & $70,735 \\ \hline \end{tabular} Weller corporation Conparative Income Statement and Reconciliation (dollars in thousands) Sales This Year last Year \$. 68,000 \$ 66,000 Total liabilities and stockholdors' equity Required: Compute the following financial ratios for this year 1. Times interest eamed ratio. 2. Debi-to-equity ratio. 3. Equity multiplier. (For all requirements, round your answers to 2 decimal ploces)

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