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Saved 35 Comparative financial statements for Weller Corporation for the fiscal year ending December 31 appear below. The company did not Issue any new
Saved 35 Comparative financial statements for Weller Corporation for the fiscal year ending December 31 appear below. The company did not Issue any new common or preferred shares during the year. A total of 820,000 common shares were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common shares was $0.25. The market value of the company's common shares at the end of the year was $20 each. All of the company's sales are on account
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