Question: Exercise 1 6 - 6 ( Algo ) Financial Ratios for Assessing Market Performance [ LO 1 6 - 6 ] Comparative financial statements for

Exercise 16-6(Algo) Financial Ratios for Assessing Market Performance [LO16-6]
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 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.
Required:
Compute the following financial data for this year:
Earnings per share.
Note: Round your answer to 2 decimal places.
2. Price-earnings ratio.
Note: Round your intermediate calculations and final answer to 2 decimal places.
3. Dividend payout ratio.
Note: Round your intermediate calculations and final answer to 2 decimal places.
4. Dividend yield ratio.
Note: Round your intermediate calculations and final answer to 2 decimal places.
5. Book value per share.
Note: Round your answer to 2 decimal places.
\table[[1. Earnings per share,,],[2. Price-earnings ratio,,],[3. Dividend payout ratio,,%
Exercise 1 6 - 6 ( Algo ) Financial Ratios for

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