Exercise 14-6 (Algo) Financial Ratios for Assessing Market Performance [LO14-6) oped book Hint Print erences 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 960,000 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 $26.00. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Asseta Current assotsi Cash $ 2,036 $ 3,020 Accounts receivable, not 16,000 9.050 Inventory 10,500 8,840 Prepaid expenses 1,960 2.420 Total current assots 30.496 23,330 Property and equipment Land 7.600 7.600 Buildings and equipment, net 20,800 20,600 Total property and equipment 28,400 28,200 Total assete $ 58,896 $ 51.530 Liabilities and stockholders' Equity Current liabilities Accounts payable 5 11,100 59,100 Accrued liabilities 920 1,500 Notes payable, short term 460 460 Total current liabilities 12.480 11,060 Long-tern liabilities Bonds payable 6.250 6.250 Total liabilities 10,730 12.310 Stockholders' equity: Common stock 960 960 Additional paid-in capital 5,000 5,000 Total paid-in capital 5,960 5,960 Retained earnings 34,206 28,260 Total stockholdera equity 40,166 34,220 Total Ilabilities and stockholders equity $ 58,896 $51.530 Last Year $ 90,000 56,000 34,000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $ 95,000 Cost of goods sold 60,000 Gross margin 35,000 Selling and administrative expenses : Selling expenses 10,100 Administrative expenses 13,600 Total selling and administrative expenses 23, 700 Net operating income 11,300 Interest expense 750 Net income before taxes 10,550 Income taxes 4,220 Net income 6,330 Dividends to common stockholders 384 Net income added to retained earnings 5,946 Beginning retained earnings 28,260 Inding retained earnings $ 34,206 9,600 12,600 22,200 11,800 750 11,050 4,420 6,630 768 5,862 22,398 $ 28,260 ces Required: Compute the following financial data for this ypar: 1. Earnings per share. (Round your answer to 2 decimal places.) 2. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 3. Dividend payout ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 4. Dividend yield ratio (Round your intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Earnings per share 2. Price-earings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share % %