Weaver Corporation's stock is selling for $16 per share. Weaver provided the following financial statements. Use these statements to prepare comprehensive ratio analysis tables similar to those illustrated in the chapter. Current Ratio Current Assets Current Liabilities Quick Ratio Debt to Total Assets Ratio Debt to Total Equity Ratio Times Interest Earned Ratio Accounts Receivable Turnover Ratio Inventory Turnover Ratio Net Profit on Sales Gross Profit Margin Return on Assets Return on Equity EPS P/E Dividend Rate/Yield Dividend Payout Ratio Book Value Per Share
	WEAVER CORPORATION
	Comparative Balance Sheet
	December 31, 20X3 and 20X2
		Assets		20X3		20X2
		Current assets
		Cash		$ 500,000		$ 370,000
		Accounts receivable		350,000		290,000
		Inventories		90,000		110,000
		Total current assets		$ 940,000		$ 770,000
		Property, plant, & equipment
		Land		$ 200,000		$ 200,000
		Building		650,000		650,000
		Equipment		950,000		900,000
				$ 1,800,000		$ 1,750,000
		Less: Accumulated depreciation		(365,000)		(325,000)
		Total property, plant, & equipment		$ 1,435,000		$ 1,425,000
		Total assets		$ 2,375,000		$ 2,195,000
		Liabilities
		Current liabilities
		Accounts payable		$ 160,000		$ 200,000
		Interest payable		40,000		30,000
		Total current liabilities		$ 200,000		$ 230,000
		Long-term liabilities
		Long-term note payable		800,000		700,000
		Total liabilities		$ 1,000,000		$ 930,000
		Stockholders' equity
		Common stock ($0.50 par)		$ 100,000		$ 100,000
		Paid-in capital in excess of par		655,000		655,000
		Retained earnings		620,000		510,000
		Total stockholders' equity		$ 1,375,000		$ 1,265,000
		Total liabilities and equity		$ 2,375,000		$ 2,195,000
	WEAVER CORPORATION
	Statement of Retained Earnings
	For the Year Ending December 31, 20X3
		Beginning retained earnings, January 1		$ 510,000
		Plus: Net income		160,000
				$ 670,000
		Less: Dividends		50,000
		Ending retained earnings, December 31		$ 620,000
	WEAVER CORPORATION
	Income Statement
	For the year ending December 31, 20X3
		Revenues		$ 1,685,000
		Cost of goods sold		980,000
		Gross profit		$ 705,000
		Operating expenses
		Salaries	$ 245,000
		Interest	65,000
		Depreciation	40,000
		Other operating expenses	155,000	505,000
		Income before income taxes		$ 200,000
		Less: Income taxes		40,000
		Net income		$ 160,000
						Current Ratio Current Assets Current Liabilities Quick Ratio Debt to Total Assets Ratio Debt to Total Equity Ratio Times Interest Earned Ratio Accounts Receivable Turnover Ratio Inventory Turnover Ratio Net Profit on Sales Gross Profit Margin Return on Assets Return on Equity EPS P/E Dividend Rate/Yield Dividend Payout Ratio Book Value Per Share