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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

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 980,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 12%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $27.00. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
This Year Last Year
Assets
Current assets:
Cash $ 4,568 $ 5,440
Accounts receivable, net 16,200 9,150
Inventory 10,600 8,920
Prepaid expenses 1,980 2,460
Total current assets 33,348 25,970
Property and equipment:
Land 7,800 7,800
Buildings and equipment, net 21,000 20,800
Total property and equipment 28,800 28,600
Total assets $ 62,148 $ 54,570
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 11,300 $ 9,200
Accrued liabilities 960 1,600
Notes payable, short term 480 480
Total current liabilities 12,740 11,280
Long-term liabilities:
Bonds payable 8,750 8,750
Total liabilities 21,490 20,030
Stockholders' equity:
Common stock 980 980
Additional paid-in capital 5,100 5,100
Total paid-in capital 6,080 6,080
Retained earnings 34,578 28,460
Total stockholders' equity 40,658 34,540
Total liabilities and stockholders' equity $ 62,148 $ 54,570

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
This Year Last Year
Sales $ 97,000 $ 92,000
Cost of goods sold 61,000 57,000
Gross margin 36,000 35,000

Selling and administrative expenses:
Selling expenses 10,300 9,800
Administrative expenses 13,800 12,800
Total selling and administrative expenses 24,100 22,600
Net operating income 11,900 12,400
Interest expense 1,050 1,050
Net income before taxes 10,850 11,350
Income taxes 4,340 4,540
Net income 6,510 6,810
Dividends to common stockholders 392 735
Net income added to retained earnings 6,118 6,075
Beginning retained earnings 28,460 22,385
Ending retained earnings $ 34,578 $ 28,460

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.)

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