The company did not issue any new common stock during the year. A total of 990,000 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 $27.50. All of the company's sales are on account. Weller Corporation 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 equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities This Year Last Year $ 5,834 $ 6,650 16,300 10,650 9,200 8,960 1,990 2,480 34,774 27,290 7,900 7,900 21,100 29,000 20,900 28,800 $ 63,774 $ 56,090 $ 11,400 980 490 $ 9,250 1,650 490 12,870 11,390 10,000 22,870 10,000 21,390 < Prev 1 of 3 Next >