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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 uppear below. The company did not issue any new common stock during the year. A total of 890,000 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 $22. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 4,774 15.300 10,150 1,890 22.114 $ 5,550 10,200 0,560 2,200 26, 590 6.900 20,100 27.000 059,114 6,900 19.900 26,800 053,390 Asnet Current assetat Cash Accounts receivable, not Inventory Prepaid expenses Total current assets Property and equipment Land Buildings and equipment, net Total property and equipment Total ansate Liabilities and stockholders' Equity Current liabilities 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 $10,400 780 390 $8,750 1,150 300 10,290 11,570 10,000 21,570 10.000 20, 290 890 4.650 5,540 32,004 37,544 659, 114 890 4,650 5,540 27,560 33, 100 $53,390 (dollars in thousands) This Year Last Year $88,000 $83,000 56,500 52,500 31,500 30,500 Sales 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 Ending retained earnings 9,400 12,900 22,300 9,200 1,200 8,000 3,200 4,800 356 4,444 27,560 $32,004 8,900 11,900 20,800 9,700 1,200 8,500 3,400 5,100 712 4,388 23,172 $27,560 Required: Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.e., O 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (1. 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.123 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 sl 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity % % % %