Comparative financial statements for Welter 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 870,000 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 $21.50. All of the company's sales are on account Assets Current assets: Cash Welter Corporation Comparative Balance Sheet (dollars in thousands) Accounts receivable, net Inventory Prepaid expenses This Year Last Year $2,242 $3,138 15,100 10,100 10,050 8,480 1,870 2,240 Total current assets 29,262 23,950 Property and equipment: Land 6,700 6,700 Buildings and equipment, net 19,900 19,700 Total property and equipment Total assets Liabilities and Steckholders' Equity Current Liabilities: 26,600 26,400 S $ 55,862 50,350 $ Accounts payable $ 8,650 Accrued liabilities 10,200 740 Notes payable, short term 370 1,050 370 Total current liabilities 11,310 10,070 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 55,862 50,350 Comparative Income Statement and Reconciliation 7,500 7,500 18,810 17,578 878 870 4,550 4,550 5,420 5,420 31,632 27,360 37,052 32,780 $ $ Weller Corporation (dollars in thousands) This Year Last Year $ Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses 86,000 81,000 $5,500 51,500 30,500 29,500 9,200 8,700 Net operating income Interest expense Net income before taxes Income taxes Net income Administrative expenses Total selling and administrative expenses 21,900 12,700 11,700 20,400 9,100 908 900 7,700 8,200 3,080 3,280 Beginning retained earnings Dividends to common stockholders Net income added to retained earnings Ending retained earnings Required Compute the following financial data for this year 1. Earnings per share Hote: Round your answer to 2 decimal places Note: Round your intermediate calculations and final answer to 2 decimal places 3. Note: Round your intermediate calculations and final answer to 2 decimal places Dividend yield to Note Round your intermediate calculations and final answer to 2 decimal places Book value per share Note Round your answer to 2 decimal places 4,620 4,928 348 4,272 27,360 696 4,224 23,136 $ $ 31,632 27,360