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The company did not issue any new common stock during the year. A total of 800,000 shares of common stock were interest rate on the

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The company did not issue any new common stock during the year. A total of 800,000 shares of common stock were 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 outstanding. The 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. Weller Corporation This 1,2801,560 9,100 8,200 2,100 20.960 12,300 9,700 1800 y and equipment: 6,000 19, 200 25,200 Land 6,000 -19,000- Total property and equipnent Total assets Liabilities and Stockholders Equity 25,000 $50,280 $45,960 s 9,500 $ 8,300 600 300 10,400 700 300 9, 300 liabilities Notes payable, short tern Total current liabilitien Bonds payable Total 1iabilties 5.0005,000 15,40014,300 800 4.200 5,000 800 Additional paid-in capital Total paid-in capital Retained earnings total stockholders' equity 5,000 $50,280$45,960 Prex 19 of 20 Next >

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