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...

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 were was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.75 this year. The market value of the company’s common stock at the end of the year was $24. All the company’s sales are on account.

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 were was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.75 this year. The market value of the company’s common stock at the end of the year was $24. All the company’s sales are on account. 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 7 00,000 shares of common stock were outstanding. The interest ra te on the bond payable were was 10%. The income tax rate was 40% and the dividend per share of common stock was $0. 75 this year. The market value of the company’s common stock at the end of the year was $2 4 . All the company’s s ales are on account. 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 were was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.75 this year. The market value of the company’s common stock at the end of the year was $24. All the company’s sales are on account.