Saved Help Save & Exit Submit Check my work 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 840,000 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 $20. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) 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: Arrnunts navahla This Year Last Year $6,344 12,700 9,900 $ 6,400 9,300 8,360 1,840 2,180 38,784 26,240 5,400 6,400 19,600 19,400 26,000 25,800 $ 56,784 $ 52,040 < Prev 4 of 5 Next >