Last Year $80,000 51,000 29,000 comparative Inco acement and reconciliation (dollars in thousands) This Year Sales $85,000 Cost of goods sold 55,000 Gross margin 30,eee Selling and administrative expenses: Selling expenses 9,100 Administrative expenses 12,689 Total selling and administrative expenses 21,700 Net operating income 8,300 Interest expense 750 Net income before taxes 7,550 Income taxes 3,020 Net income 4,530 Dividends to common stockholders 344 Net income added to retained earnings 4,186 Beginning retained earnings 27,260 Ending retained earnings $31,446 8,680 11,680 20,200 8,888 750 8,050 3,220 4,830 688 4,142 23, 118 $27,260 Required: Compute the following financial data for this year: 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 answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share 96 96 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 860,000 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 the year was $21.00. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 976 15,000 10, eee 1860 27,836 $ 1,920 10,50 8,440 2220 22.630 6,600 19 MINS 26 554,236 6,600 19.54 26, 20 $48, 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 Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid in capital Total paid in capital Hetained earnings Total stockholders equity Total liabilities and stockholders woulty $ 3,50 1. $10,10 720 360 11,180 9.95 6.250 16, 2,4 b6e 860 4.se 360 200 5,360 14 LES $546 S
