Question: 5. A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto: Members of the companys board of directors are surprised to see
5. A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto:

Members of the companys board of directors are surprised to see that net income increased by only $209,600 when sales increased by $1,761,600.
Required: 5. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)
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 870,000 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 companys common stock at the end of this year was $21.50. All of the companys sales are on account.


Required: Compute the following financial data for this year: 6-a. Earnings per share. (Round your answer to 2 decimal places.)
6-b. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
6-c. Dividend payout ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
6-d. Dividend yield ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
6-e. Book value per share. (Round your answer to 2 decimal places.)
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