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sints Exercise 16-6 (Static) Financial Ratios for Assessing Market Performance (L016-6) Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December

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sints Exercise 16-6 (Static) Financial Ratios for Assessing Market Performance (L016-6) Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3tappear below The company did not issue any new common stock during the year. A total of 800,000 shares of common stock were outstanding. The Interest rate on the bond payable was 12%, the income tax rate was 40k and the dividend per share of common stock was $0.75 lost year and $0.40 this year. The market value of the company's common stock at the end of this year was $18. All of the company's sales are on account 1 Corporation Comparative Balance Sheet dollar in the man This Year Tea Anset Curs Ce 1.700 1. Accounts receivable, et 12.00 9.100 CHY 1.100 9.200 Tropida pene 1.000 7.100 Total areas maste 15.00 2010 Property and Land ..000 6.00 Building pent, 10.200 Total property and quiet 00 21.00 Total se 350.00 14. Liabilities and stockholdere Carretot conta payat 3.300 Melalties 00 py short te 300 30 Total rentabilit 18.00 3. Longer lite Doday stockholders Costo DO 300 dittal in capital 2 AN Tot in capital S. 3.00 References 0 This Year Last Year $79,000 $74,000 52,000 49,000 27.000 26.000 (dollars in thousanda) Sales Coat of goods sold Gross margin Selling and administrative expenses Selling expenses Administrative expenses Total selling and administrative expenses Met operating income Interest expense Net Income before taxe Income taxes Net Income Dividends to common stockholders Net Income added to retained earnings Beginning retained earning Inding retained earnings E 8,500 12,000 20.500 6,500 600 5.900 2,360 3.540 320 3.220 26, 660 $29,800 8,000 11,000 19,000 7.000 600 6,400 2.560 3.840 600 3.240 23,420 $26,650 int ences 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 intermediate calculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) 1. Earrings per share 2. Price camins ratio 3 Dividend payout ratio 4 Dividend yield ratio 5. Book value per share

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