Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) Sales Cost of goods sold Gross margin selling and adninistrative expenses: selling expenses Administrative expenses Total selling and administrative expenses Net operating incone Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 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 colculations and final answer to 2 decimal places.) 5. Book value per share. (Round your answer to 2 decimal places.) Exercise 14-6 (Algo) Financial Ratios for Assessing Market Performance [LO14-6] Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 880,000 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 $2200. All of the company's sales are on account. 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 Acerued liabilities Notes payable, short term Total current liabilities \begin{tabular}{rr} $3,568 & $4,346 \\ 15,260 & 16,156 \\ 16,169 & 8,526 \\ 1,880 & 2,266 \\ \hline 36,688 & 25,276 \\ \hline \end{tabular} Long-term liabilities: Bonds payable Total liabilities cockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity \begin{tabular}{rr} 6,800 & 6,860 \\ 20,000 & 19,860 \\ \hline 26,800 & 26,690 \\ \hline$57,488 & $51,870 \\ \hline \end{tabular} \begin{tabular}{rr} $10,300 & $8,760 \\ 760 & 1,160 \\ 380 & 380 \\ \hline 11,446 & 10,180 \end{tabular} Total liabilities and stockholders: equity \begin{tabular}{rr} 8,750 & 8,750 \\ \hline 20,190 & 18,930 \\ \hline \end{tabular} \begin{tabular}{rr} 880 & 880 \\ 4,600 & 4,600 \\ \hline 5,480 & 5,480 \\ 31,818 & 27,460 \\ \hline 37,298 & 32,940 \\ \hline$57,488 & $51,870 \\ \hline \end{tabular}