Business, 20.12.2019 00:31 vhs35

Omparative 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 940,000 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 the year was $25. all of the company’s sales are on account. weller corporation comparative balance sheet (dollars in thousands) this year last year assets current assets: cash $ 5,304 $ 5,350 net profit

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Omparative financial statements for weller corporation, a merchandising company, for the year ending...

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