Question: How do I calculate the Book Value per share? Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear

 How do I calculate the Book Value per share? Comparative financialstatements for Weller Corporation, a merchandising company, for the year ending December31 appear below. The company did not issue any new common stock

How do I calculate the Book Value per share?

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 820,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 12%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the company's common stock at the end of the year was $19. All of the company's sales are on account Weller Corporatio Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses $ 3,812 3,980 9,200 8,280 2,140 12,500 9,800 1,820 Total current assets 27,93223,600 Property and equipment Land Buildings and equipment, net 6,200 6,200 19,400 19,200 25,60025,400 $53,532$49,000 Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term $ 9,700 $ 8,400 800 320 640 320 10,660 7,500 9,520 7,500 18,160 17,020 Total current liabilities Long-term liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital 820 4,300 820 4,300

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