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Exercise 16-6 (Algo) Financial Ratios for Assessing Market Performance [LO16-6] Comparative financial statements for Welier Corporation, a merchandising company, for the year ending December 31

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Exercise 16-6 (Algo) Financial Ratios for Assessing Market Performance [LO16-6] Comparative financial statements for Welier 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 830,000 shares of common stock were otitstanding. 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 yeat. The market value of the company's common stock at the end of this year was $19.50. All of the company's sales are on account. \begin{tabular}{|c|c|c|} \hline Total current assets & 29,358 & 24,920 \\ \hline \multicolumn{3}{|l|}{ Property and equipment: } \\ \hline Land & 6,300 & 6,300 \\ \hline Buildings and equipment, net & 19,500 & 19,300 \\ \hline Total property and equipment & 25,800 & 25,600 \\ \hline Total assets & $55,158 & $50,520 \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Liabilities and Stockholders' Equity \\ Current liabilities: \end{tabular}} \\ \hline Accounts payable & $9,800 & $8,450 \\ \hline Accrued liabilitles & 660 & 859 \\ \hline Notes payable, short term & 330 & 330 \\ \hline Total current liabilities & 10,790 & 9,630 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Bonds payable & 8,750 & 8,750 \\ \hline Total liablities & 19,540 & 18,380 \\ \hline \multicolumn{3}{|l|}{ Stockholders " equityz. } \\ \hline Common stock & 830 & 830 \\ \hline Additional paid-in capital & 4,350 & 4,350 \\ \hline Total paid-in copital & 5,180 & 5,180 \\ \hline Retadned earnings & 30,438 & 26,960 \\ \hline Total stockholders' equity & 35,618 & 32,140 \\ \hline Total Habilities and stockholders' equity & 555,158 & 550,520 \\ \hline \end{tabular} Required: Compute the following financlal data for this year: 1. Earnings per share. Compute the following financial data for this year: 1. Earnings per share. Note: Round your answer to 2 decimal places. 2. Price-earnings ratio, Note: Round your intermediate calculations and final answer to 2 decimal places. 3. Dividend payout ratio. Note: Round your intermediate calculations and final answer to 2 decimal places. 4. Dividend yleld ratio. Note: Round your intermediate calculations and final answer to 2 decimal places. 5. Book value per share. Note: Round your answer to 2 decimal places

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