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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 890,000 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 $22.50. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $4.774 15.380 10, 150 1,892 32,114 $ 5.550 19.280 8,560 2,280 26,590 b,9806 ,980 29.192 19.990 27,eee 26,880 $59,114 $53,390 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 $10,480 789 390 11,570 $ 8,750 1.150 390 10,290 10,000 21,570 10,000 28,290 890 4,650 5.540 32,884 37.544 $59,114 890 4,650 5.549 27,560 33, 180 $53,390 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $88.pee $83,899 Cost of goods sold 56,580 52,500 Gross margin 31,580 30,580 Selling and administrative expenses: Selling expenses 9,480 8,980 Administrative expenses 12,988 11,980 Total selling and administrative expenses 22,380 20,880 Net operating income 9,282 9,780 Interest expense 1,280 1,280 Net income before taxes 8,000 8.580 Income taxes 3,200 3,480 Net income 4,880 5,180 Dividends to common stockholders 712 Net income added to retained earnings 4.444 4,388 Beginning retained earnings 27,560 23,172 Ending retained earnings $32,984 $27,560 356 Requlred: 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 Intermedlate 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 Intermedlate 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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