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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 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 this year was $24.00. All of the company's sales are on account. Weller Corporation Comparative Balance sheet (dollars in thousands) This Year Last Year $ 2,772 15,600 10,300 1,920 30,592 $ 2,930 10,350 8,680 2,340 24,300 7,200 20,400 27,600 $58,192 7,200 20,200 27,400 $51,700 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 $10,700 840 420 11,960 $ 8,900 1,300 420 10,620 7,500 19,460 7,500 18,120 920 4,800 5,720 33,012 38,732 $58,192 920 4,800 5,720 27,860 33,580 $51,700 Last Year $86,000 54,000 32,000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $91,000 Cost of goods sold 58,000 Gross margin 33,000 Selling and administrative expenses: Selling expenses 9,700 Administrative expenses 13,200 Total selling and administrative expenses 22,900 Net operating income 10,100 Interest expense 900 Net income before taxes 9,200 Income taxes 3,680 Net income 5,520 Dividends to common stockholders 368 Net income added to retained earnings 5,152 Beginning retained earnings 27,860 Ending retained earnings $33,012 9,200 12,200 21,400 10,600 900 9,700 3,880 5,820 736 5,084 22,776 $27,860 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.) 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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