Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 860,000 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 $0.40. The market value of the companys common stock at the end of the year was $21.00. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)

This Year Last Year

Assets Current assets:

Cash $ 976 $ 1,920

Accounts receivable, net 15,000 10,050

Inventory 10,000 8,440

Prepaid expenses 1,860 2,220

Total current assets 27,836 22,630

Property and equipment:

Land 6,600 6,600

Buildings and equipment, net 19,800 19,600

Total property and equipment 26,400 26,200

Total assets $ 54,236 $ 48,830

Liabilities and Stockholders' Equity Current liabilities:

Accounts payable $ 10,100 $ 8,600

Accrued liabilities 720 1,000

Notes payable, short term 360 360

Total current liabilities 11,180 9,960

Long-term liabilities:

Bonds payable 6,250 6,250

Total liabilities 17,430 16,210

Stockholders' equity:

Common stock 860 860

Additional paid-in capital 4,500 4,500

Total paid-in capital 5,360 5,360

Retained earnings 31,446 27,260

Total stockholders' equity 36,806 32,620

Total liabilities and stockholders' equity $ 54,236 $ 48,830

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)

This Year Last Year

Sales $ 85,000 $ 80,000

Cost of goods sold 55,000 51,000

Gross margin 30,000 29,000

Selling and administrative expenses:

Selling expenses 9,100 8,600

Administrative expenses 12,600 11,600

Total selling and administrative expenses 21,700 20,200

Net operating income 8,300 8,800

Interest expense 750 750

Net income before taxes 7,550 8,050

Income taxes 3,020 3,220

Net income 4,530 4,830

Dividends to common stockholders 344 344

Net income added to retained earnings 4,186 4,486

Beginning retained earnings 27,260 22,774

Ending retained earnings $ 31,446 $ 27,260

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.)