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 $860,000$ 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 $$0\mathrm{.}75$ last year and $$0\mathrm{.}40$ this year. The market value of the company$$s common stock at the end of this year was $$21.$ 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 $ $976$ $ $1,920$

Accounts receivable, net $15,00010,050$

Inventory $10,0008,440$

Prepaid expenses $1,8602,220$

Total current assets $27,83622,630$

Property and equipment:

Land $6,6006,600$

Buildings and equipment, net $19,80019,600$

Total property and equipment $26,40026,200$

Total assets $ $54,236$ $ $48,830$

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $ $10,100$ $ $8,600$

Accrued liabilities $7201,000$

Notes payable, short term $360360$

Total current liabilities $11,1809,960$

Long$-$term liabilities:

Bonds payable $6,2506,250$

Total liabilities $17,43016,210$

Stockholders' equity:

Common stock $860860$

Additional paid$-$in capital $4,5004,500$

Total paid$-$in capital $5,3605,360$

Retained earnings $31,44627,260$

Total stockholders' equity $36,80632,620$

Total liabilities and stockholders' equity $ $54,236$ $ $48,830$

Weller Corporation

Comparative Income Statement and Reconciliation

$($dollars in thousands$)$

This Year Last Year

Sales $ $85,000$ $ $80,000$

Cost of goods sold $55,00051,000$

Gross margin $30,00029,000$

Selling and administrative expenses:

Selling expenses $9,1008,600$

Administrative expenses $12,60011,600$

Total selling and administrative expenses $21,70020,200$

Net operating income $8,3008,800$

Interest expense $750750$

Net income before taxes $7,5508,050$

Income taxes $3,0203,220$

Net income $4,5304,830$

Dividends to common stockholders $344688$

Net income added to retained earnings $4,1864,142$

Beginning retained earnings $27,26023,118$

Ending retained earnings $ $31,446$ $ $27,260$

Required:

Compute the following financial data for this year:

Gross margin percentage.

Note: Round your percentage answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$

Net profit margin percentage.

Note: Round your percentage answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$

Return on total assets.

Note: Round your percentage answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$

Return on equity.

Note: Round your percentage answer to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34).$