Comparative financial statements for Weller Corporation for the fiscal year ending December 31 appear below. The company did not issue any new common or preferred shares during the year. A total of 780,000 common shares were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common shares was $0.25. The market value of the company's common shares at the end of the year was $16 each. All of the company's sales are on account. WELLER CORPORATION Comparative Balance Sheet (dollars in thousands) Year 2 Year 1 Assets Current assets: Cash $ 1,270 $ 1,580 Accounts receivable, net 12,323 9,258 Inventory 9,810 8,000 Prepaid expenses 1,810 2,100 Total current assets 25,213 20,938 Property and equipment: Land 6,000 6,000 Buildings and equipment, net 19,040 19,240 Total property and equipment 25,040 25,240 Total assets $ 50,253 $ 46,178 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 9,400 $ 8,400 Accrued payables 620 800 Notes payable, short term 310 290 Total current liabilities 10,330 9,490 Long-term liabilities: Bonds payable 5,100 5,100 Total liabilities 15,430 14,590 Shareholders' equity: Preferred shares 2,000 2,000 Common shares 780 780 Additional paid-in capital 2,280 2,280 Total paid-in capital 5,060 5,060 Retained earnings 29,763 26,528 Total shareholders' equity 34,823 31,588 Total liabilities and shareholders' equity $ 50,253 $ 46,178 WELLER CORPORATION Comparative Income Statement and Reconciliation (dollars in thousands) Year 2 Year 1 Sales $ 79,100 $ 74,000 Cost of goods sold 52,000 48,000 Gross margin 27,100 26,000 Operating expenses: Selling expenses 8,490 7,980 Administrative expenses 12,200 11,000 Total operating expenses 20,690 18,980 Net operating income 6,410 7,020 Interest expense 510 510 Net income before taxes 5,900 6,510 Less: Income taxes 2,360 2,604 Net income 3,540 3,906 Dividends to preferred shareholders 110 420 Net income remaining for common shareholders 3,430 3,486 Dividends to common shareholders 195 195 Net income added to retained earnings 3,235 3,291 Retained earnings, beginning of year 26,528 23,237 Retained earnings, end of year $ 29,763 $ 26,528 Required: Compute the following financial ratios for common shareholders for year 2 (Round your intermediate calculations to 2 decimal places. Round your per share answers to 2 decimal places and other answers to 1 decimal place.)