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answer all parts Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue

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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 930,000 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 this year was $24. All of the company's sales are on account This Year Last Year $ 4,038 15,700 10, 350 1,930 32,018 $ 4,140 10,400 8,720 2,360 25,620 Weller Corporation Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities 7,300 20,500 27,880 $59,818 7,300 20,300 27,600 $53,220 $10,800 860 430 12, e90 $ 8,950 1,350 43e 10,230 E: Next > 27,800 $59,818 27,600 $53,220 $10,800 860 430 12,090 $ 8,950 1,350 430 10,730 Total property and equipment Total assets 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 8,750 20,840 8,750 19,480 930 4,850 5,780 33,198 38,978 $59,818 930 4,850 5,780 27,960 33,740 $53,220 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $92,000 $87,000 Cost of goods sold 58,500 54,500 Gross margin 33,500 32,500 Selling and administrative expenses: Selling expenses 9,800 9,300 Administrative expenses 13,300 12,300 Total selling and administrative expenses 23,100 21,600 Net operating income 10,400 10,900 1.450 1.050 nonse Weller Corporatio Comparative Income Statement and Reconciliation (dollars in thousands) Sales This Year Last Year Cost of goods sold $92, see $87,000 Gross margin 58,500 54,500 Selling and administrative expenses: 33, see 32,500 Selling expenses Administrative expenses 9,800 9,300 13,300 12,300 Total selling and administrative expenses 23,100 21,600 Net operating income 10,400 19,900 Interest expense 1,050 1,050 Net income before taxes 9,350 9,85 Income taxes 3,740 3,940 Net income 5,618 5,910 Dividends to common stockholders 372 244 Net income added to retained earnings 5,238 5,166 Beginning retained earnings 27,960 22,794 $33,198 $27,960 Ending retained earnings Required: Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.c., 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (.e., 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 (i.e., 0.1234 should be entered as 12.34).)

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