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Please help me fill in the boxes. Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The
Please help me fill in the boxes.
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 930,000 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 $24.50. All of the company's sales are on account. 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 otal Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Weller Corporation Comparative Balance Sheet (dollars in thousands) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Sales. Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income. Interest expense Net income before taxes Income taxes Net income This Year Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings $ 4,038 15,700 10,350 1,930 32,018 7,300 20,500 27,800 $ 59,818 $ 10,800 860 430 12,090 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) 8,750 20,840 930 4,850 5,780 33,198 38,978 $ 59,818 This Year $ 92,000 58,500 33,500 9,800 13,300 23,100 10,400 1,050 9,350 3,740 740 5,610 372 5,238 27,960 $ 33,198 Last Year $ 4,140 10,400 8,720 2,360 25,620 7,300 20,300 27,600 $ 53,220 $ 8,950 1,350 430 10,730 8,750 19,480 930 4,850 5,780 27,960 33,740 $ 53,220 Last Year $ 87,000 54,500 32,500 9,300 12,300 21,600 10,900 1,050 9,850 3,940 5,910 744 5,166 22,794 $ 27,960 Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities stok Notes payable, short term yuna hel Total current liabilities Long-term liabilities: Bonds payable Total liabilities otal Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) Required: Compute the following financial data for this year: 1. Earnings per share 2. Price-earnings ratio 3. Dividend payout ratio 4. Dividend yield ratio 5. Book value per share 20,500 27,800 $ 59,818 $ 10,800 860 430 12,090 % % 8,750 20,840 930 4,850 5,780 33,198 38,978 $ 59,818 This Year $ 92,000 58,500 33,500 9,800 13,300 23,100 10,400 1,050 9,350 3,740 5,610 372 5,238 27,960 $ 33,198 20,300 27,600 $ 53,220 $ 8,950 1,350 430 10,730 8,750 19,480 930 4,850 5,780 27,960 33,740 $ 53,220 Last Year $ 87,000 54,500 32,500 9,300 12,300 21,600 10,900 1,050 9,850 3,940 5,910 744 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 intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 5,166 22,794 $ 27,960Step by Step Solution
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