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Hello, I need help solving this question. I have included (2) pictures. The last picture has the questions. Please help me solve it. value: 10.00

Hello, I need help solving this question. I have included (2) pictures. The last picture has the questions. Please help me solve it.

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value: 10.00 points Comparative nancial 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. Atotal of 600,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the company's common stock at the end of the year was $21. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash $ 1,170 $ 1,240 Accounts receivable, net 9,500 7,500 Inventory 13,600 11,200 Prepaid expenses 670 660 Total current assets 24,940 20,600 Property and equipment: Land 9,600 9,600 Buildings and equipment, net 47,982 42,816 Total properly and equipment 57,582 52,416 Total assets $82,522 $73,016 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $20,300 $17,800 Accrued liabilities 1,080 750 Notes payable, short term 0 110 Total current liabilities 21,380 18,880 Long-ten'n liabilities: Bonds payable 8,900 8,900 Total liabilities 30,280 27,550 Stockholders' equity: Common stock 2,000 2,000 Additional paidin capital 4,000 4,000 Total paid-in capital 6,000 6,000 Retained earnings 46,242 39,456 Total Stockholders' equity 52,242 45,456 Total liabilities and Stockholders' equity $82,522 $73,016 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $68,000 $65,000 Cost of goods sold 37,000 33,000 Gross margin 31,000 32,000 Selling and administrative expenses: Selling expenses 11,200 10,300 Administrative expenses 7.200 6,200 Total selling and administrative expenses 18,400 16,500 Net operating income 12,600 15,500 Interest expense 890 890 Net income before taxes 11,710 14,610 Income taxes 4,684 5,844 Net income 7,026 8,766 Dividends to common stockholders 240 450 Net income added to retained earnings 6,785 8,316 Beginning retained earnings 39,456 31,140 Ending retained earnings $46,242 $39,456 Required: Compute the following nancial ratios for this year: 1. Times interest earned ratio. (Round your answer to 1 decimal place.) 2. Debt-to-equity ratio. (Round your answer to 2 decimal places.) 3. Equity multiplier. (Round your answer to 2 decimal places.)

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