$11,200 940 470 $ 9, 150 1,550 470 11,170 12,610 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' equity 7,500 20,110 7,500 18,670 970 5,050 6,020 34,392 40,412 $60,522 970 5,050 6,020 28,360 34,380 $53,050 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $ 96,000 $91,000 Cost of goods sold 60,500 56,500 Gross margin 35,500 34,500 Selling and administrative expenses : Selling expenses 10,200 9,700 Administrative expenses 13,700 12,200 Total selling and administrative expenses 23,900 22,400 Net operating income 11,600 12,109 Interest expense 900 900 Net income before taxes 10,700 11,200 Income taxes 4.280 4.480 Net income 6,420 6,720 Dividends to common stockholders 276 Net income added to retained earnings 6,032 5.944 Beginning retained earnings 28.360 22.416 Ending retained earnings $34,392 $28,360 Required: Compute the following financial data for this year 60,500 35,500 56,500 34,500 Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net Income before taxes Income taxes Net income Dividends to common stockholders Net Income added to retained earnings Beginning retained earnings Inding retained earnings 10,200 13,700 23,900 11.600 900 10, 700 4,280 6,420 388 6,032 28.360 534,392 9.700 12,700 22,400 12,100 900 11,200 4.480 6, 720 276 5,944 22,416 $28,360 Required: Compute the following financial data for this year 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i... 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (ie, 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (.e., 0.1234 should be entered as 12.34).) 1. Gross margin percentage 2. Not profit margin percentage 3. Rotum on total assets 4. Return on equity % %