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Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 5 - Ch16 HW - Connect X + V X C
Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 5 - Ch16 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... @ Mid-term Grades -... S Housing Bb Blackboard Learn Corporate Secretarial potential christmas. DNM Properties L.L.. Reading list Ch16 HW Saved Help Save & Exit Submit Check my work 5 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 980,000 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 $27.00. All of the company's sales are on account. 2 points Weller Corporation Comparative Balance Sheet (dollars in thousands) eBook This Year Last Year Assets Hint Current assets: Cash $ 4,568 $ 5,440 Print Accounts receivable, net 16, 200 9 , 150 Inventory 10, 606 8,920 References Prepaid expenses 1,980 2, 460 Total current assets 33, 348 25,970 Property and equipment: Land 7,800 7,800 Buildings and equipment, net 21, 000 20, 800 Total property and equipment 28, 800 28, 600 Total assets $62, 148 $54, 570 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $11, 300 $ 9, 200 Accrued liabilities 960 1, 600 Notes payable, short term 480 480 Total current liabilities 12, 740 11, 280 Long-term liabilities: Mc Graw Hill Type here to search O a 7:51 PM hulu N 28 31OF A 9 x 12/13/2021Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 5 - Ch16 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... @ Mid-term Grades -... Housing Bb Blackboard Learn Corporate Secretarial potential christmas.. @ DNM Properties L.L.. Reading list Ch16 HW Saved Help Save & Exit Submit Check my work 5 Bonds payable 8,750 8,750 Total liabilities 21 ,490 20 ,030 Stockholders' equity: Common stock 980 980 Additional paid-in capital 5, 100 5,100 2 Total paid-in capital 6,080 6,080 34,578 28, 460 points Retained earnings Total stockholders' equity 40, 658 34, 540 Total liabilities and stockholders' equity $62, 148 $54,570 eBook Hint Weller Corporation Comparative Income Statement and Reconciliation Print (dollars in thousands) This Year Last Year References Sales $97, 000 $92, 000 Cost of goods sold 61, 090 57, 090 Gross margin 36, 090 35, 090 Selling and administrative expenses: Selling expenses 10,300 9 , 800 Administrative expenses 13, 800 12, 800 Total selling and administrative expenses 24, 100 22, 600 Net operating income 11, 906 12, 400 Interest expense 1, 050 1, 050 Net income before taxes 10, 850 11, 350 Income taxes 4, 340 4, 540 Net income 6, 510 6, 810 Dividends to common stockholders 392 784 Net income added to retained earnings 6, 118 6,026 Mc Graw Hill Type here to search O Eli a 7:51 PM hulu N CA 28 31OF A 9 x 12/13/2021Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 5 - Ch16 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Films.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... e Mid-term Grades -... Housing Bb Blackboard Learn Corporate Secretarial potential christmas. @ DNM Properties L.L.. Reading list Ch16 HW Saved Help Save & Exit Submit Check my work 5 Beginning retained earnings 28, 460 22, 434 Ending retained earnings $34, 578 $28, 460 Required: 2 points Compute the following financial data for this year: 1. Earnings per share. (Round your answer to 2 decimal places.) eBook 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.) Hint 4. Dividend yield ratio. (Round your intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) Print References 1 . Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5 . Book value per share Mc Graw Hill 7:51 PM Type here to search a hulu N 12/13/2021
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