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Exercise 14-4 (Algo) Financial Ratios for Debt Management [LO14-4] Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear

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Exercise 14-4 (Algo) Financial Ratios for Debt Management [LO14-4] 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 500,000 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 $075 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $28. All of the company 5 sales are on account. Exercise 14-4 (Algo) Financial Ratios for Debt Management [LO14-4] 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 500,000 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 $075 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $28. All of the company 5 sales are on account

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