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Comparative financlal statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new
Comparative financlal statements for Weller Corporation, a merchandising company, for the year ending December appear below.
The company did not issue any new common stock during the year. A total of shares of common stock were outstanding. The
Interest rate on the bond payable was the Income tax rate was and the dividend per share of common stock was $ last
year and $ this year. The market value of the company's common stock at the end of thls year was $ All of the company's sales
are on account.
Requlred:
Compute the following financial ratios for this year:
TImes Interest earned ratio.
Debttoequity ratio.
Equity multiplier.
Note: For all requlrements, round your answers to decimal places.
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