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compute the following financial data for this year Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.
compute the following financial data for this year 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 600,000 shares of common stock were outstanding. The Interest rate on the bond payable was 10%, 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 the year was $23. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 1,190 9.100 14,000 670 24,960 $ 1,370 8,400 11,200 660 21,630 10,800 42,408 53,200 $78,168 10,800 34,532 45,332 $66,962 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 $19,600 930 230 20,760 $19,300 710 230 20,240 8,800 29,560 8,800 29,040 600 600 4,000 4,600 44,008 48,608 $70,168 0.000 4,600 33,322 37,922 $66,952 Meller Corporation
compute the following financial data for this year
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