Exercise 14-6 (Algo) Financial Ratios for Assessing Market Performance [LO14-6] Comparative financial statements for Welter Corporatiany a merehandising company, for the year ending December 31 appear below. The company did not lasue any new common stock during the yeat. A total of 850,000 shares of common stock were outstanding. The interest rote on the bond paryable was 12%, the income tax tate was 40%, and the didend pes share of common stock was $0.75 last year and $0.40 this year. The market value of the compacys common stock at the end of this year was $20.50. All of the company/s sales are on accourt. Wetli, Caroatatinin Compute the following financial data for this year: Lesenings per share, (Round your answer to 2 declmal places.) 2 Price-eaningr nofo (Round your Intermediale calculations and final answer to 2 decimal ploces) 3. Oildend payout ratio. (Round your intermediate calculations and final enswer to 2 decimal pleces.) 4. Oividend yield rasis. (Round your intermediate calculations end final answer to 2 decimal places.) 5 Book value per thare (Pound your answer to 2 decimal places.)