Question: Please help me with question asap. Thanks. Chapter 14 Homework Save 2 Comparative financial statements for Weller Corporation, a merchandising company, for the year ending
Please help me with question asap. Thanks.

Chapter 14 Homework Save 2 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 700,000 shares of common stock were outstanding. The interest rate on the bond payable wes 10%, the income tax rate was 40%, and the dividend per shore of common stock wes $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of the year was $23. All of the company's sales are on account 1.42 points Weller Corporation Comparative Balance Sheet (dollars in thousands) ebook This Year Last Year Hint $ 1,119 9.50 12,380 61e 23,520 $ 1.350 8.200 11,5ea 55a 21.709 References 10,20e 41,694 51,894 $75,414 10.200 39,152 49,352 $71,52 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 Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid in capital Total paid in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' cquity $20,000 $18,798 1,30 sa - 260 - 260 21, 29219,810 8,300 29,590 8.380 28.110 zee 4.ee , 4.7ee 41,124 45,824 $75,414 zeg 4.ee 4,78 38,242 42 $71,52 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $67,220 $64, Bee Cast of goods sold 42,00 32.000 Gross margin 25.090 , 32.ee Selling and administrative expenses: Selling expenses 11.898 1e, see Administrative expenses 7,200 6,700 Total selling and administrative expenses 18.200 17. See Net operating income 6,800 14,50 Interest expense 830 83e Net income before taxes 5,970 13,670 Income taxes 2,388 5, 468 Net income 3,582 8,282 Dividends to common stockholders 700 780 Net income added to retained carnings 2,882 7.522 Beginning retained earnings 38,242 38,740 Ending retained earnings $41,124 $38.242 Required: Compute the following financial data and ratios for this year: 1. Working capital. (Enter your answer in thousands.) 2. Current ratio. (Round your answer to 2 decimal places.) 3. Acid-test ratio. (Round your answer to 2 decimal places.) 1. Working capital 2. Current ratio 3. Acid-test ratio
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