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Questions on bottom are on account COrpoFti6n Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current
Questions on bottom
are on account COrpoFti6n Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipent, net Total property and equipment Totat assets Liabilities and Stockholders Equity Current liabilities: Accounts payable Accrued t labilities Notes payable, short term Total current liabilities Longtern liabilities: Bonds payab Total liabilities Stockholders equity: Con stock Additional paidin capital Totat paidin capital Retained earnings Totat stockholders' equity Totat liabilities and stockholders' equity Wetter Cdrpdration Comparative financial statements for We'ler 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 SO 40 this year The market value of the company's common stock at the end of this year was $21. All or the company's sates $ 1,92 $ 8,60 31,446 27 ,26 36, 806 32, 62e 48 , This Year s 976 15 , ego 10, e 1, 860 27,836 6,600 19.8 26,400 54 , 236 r,le 72 36 11,180 6,250 17 860 4,5 5,36 $ 54,236 Conparative Income Statement and Reconciliation (dollars in thousands) Sa les Cost of goods sold Gross margin Setting and adinistrative expenses: Seltlng expenses Adinistrative expenses Totat setling and administrative expenses Net operating inco interest expense Net incone before taxes Incoe taxes Net Incone Dividends to comon stockholders Net incone added to retained earnings Beginning retained earnings Ending retained earnings Compute the following financial data for this year: _ This Year 85, e 55, 30, o 9, l 12 , 21, 7 8, 3 75 7,55 3 , 2 4, 53 344 4, 186 27, 26 31 , 446 Last Year 10, 8,440 2,22 22 ,63 6,6e 19,6 26,200 $ 48,830 l, 360 9,960 6,25 16,210 860 4,5 5,36 Last Year 80, 51, 29 , ee 8,6ee 11,600 2 ,2eo 8,800 750 8,050 3,220 4,83 688 4, 142 23,118 27 , 260 t Gross margin percentage, (Round your percentage answer to I decimal place (i.e., 0.1234 should be entered as 12.3).) 2. Nel profil margin percentage. (Round your percentage answer to 1 decimal place (i.e.. 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 1 mom 2. Nel 3 Retzn on 4. Ren
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