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Exercise 16.6 (Algo) Financial Ratios for Assessing Market Performance [LO16-6] Comparative financial statements for Weller 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 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 1,000,000 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 $28.00. All of the company's sales are on account. (domars in thousands) This Year Last Year 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 Hotes payable, short term Total current liabilities Long-tere liabilities: Bonds payable total liabilities Stockholders' equity: Common stock. Additional poid-in capital Total paid-in capital fetained earnings rotal stockholders' equity Total liabiuties and stockholders. equity \begin{tabular}{rr} $1,300 & $1,610 \\ 16,400 & 9,250 \\ 10,700 & 9,000 \\ 2,000 & 2,500 \\ \hline 30,400 & 22,360 \\ \hline 8,000 & 8,000 \\ 21,200 & 21,000 \\ \hline 29,200 & 29,000 \\ \hline$59,600 & $51,360 \\ \hline & \\ \hline 11,500 & $9,300 \\ 1,000 & 1,700 \\ 500 & 500 \\ \hline 13,000 & 11,500 \\ \hline 5,000 & 5,000 \\ \hline 18,000 & 16,500 \\ \hline 1,000 & 1,000 \\ \hline 5,200 & 5,200 \\ \hline 35,400 & 6,200 \\ \hline 41,600 & 28,660 \\ \hline$59,600 & $51,360 \\ \hline \end{tabular} Required: Compute the following financial data for this year: 1. Earnings pershare. Note: Round your onswer to 2 decimal ploces. 2. Price-earnings ratio. Note: Round your intermedlate calculations and final answer to 2 decimal places. 3. Dividend payout ratio. Note: Round your intermediote calculations and final answer to 2 decimal places. 4. Dividend yleid ratio. Note: Round your intermediote calculations and final answer to 2 decimal places. 5. Book value per share. 3. Dividend payout ratio. Note: Round your intermediate calculations and final answer to 2 decimal places. 4. Dividend yield 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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