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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 1,000,000 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 company's common stock at the end of the year was $28.00 All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dallats in thousands) This Year Last Year Assets Current assets Cash $ 1300 3 1610 Accounts receivable, net 16400 9 250 Inventory 10,700 9.000 Prepaid expenses 2000 2.500 Total current assets 30.400 22.330 Property and equipment Land 8.000 Buildings and equipment net 21 200 21.000 Total property and equipment 29 200 29,000 Total assets $59 600 351 380 8.000 Liabilities and Stockholders' Equity Current abilities Accounts payable Accrued liabilities Notes payable, short term Total current abilities Long-term liabilities Bonds payable Total liabilities Stockholders equality Common stock Additional paid in capital Total paid-in capital Retained earnings Total stockholders equity $ 11,500 $9,300 1 000 1.700 500 500 13.000 11,500 5.000 5,000 18.000 $6,500 1 000 5200 1,000 5,200 6.200 35 400 6,200 28,880 34 880 41600 Total abilities and stockholders' equity 559,600 $51 350 Weller Corporation Comparative Income Statement and Reconciliabon (dollars in thousands) This Year Last Year Sales $99,000 594,000 Cost of goods sold 62.000 58.000 Gross margin 37.000 36.000 10 500 14.000 Selling and administrative expenses Selling expenses Administrative expenses Total selling and administrative expenses Net operating income leterest expense Net income before taxes 24,500 10,000 13,000 23.000 13.000 600 12500 600 11.300 12.400 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $99.000 $94,000 Cost of goods sold 62,000 58,000 Gross margin 37,000 36,000 10,500 14.000 10,000 13,000 24,500 23.000 12,500 600 13,000 600 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 eamings Ending retained earnings 11,900 4,760 12 400 4,960 7140 400 7.440 750 6,740 28.660 6,690 21,970 $35,400 $28,660 Required: Compute the following financial data for this year 1 Earnings per share. (Round your answer to 2 decimal places.) Earnings per shate 2 Pnce-earnings ratio (Round your intermediate calculations and final answer to 2 decimal places.) Price earnings ratio 3. Dividend payout ratio. (Round your intermediate calculations and final answer to 2 decimal places.) Dividend payout ratio % 4. Dividend yield ratio (Round your intermediate calculations and final answer to 2 decimal places Dividend yield ratio % 5. Book value per share (Round your answer to 2 decimal places.) Book value per share

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