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Comparative financial statements for Welier Corporation, a merchandising company for the year ending December 31 appear below. The company did not issue any new common

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Comparative financial statements for Welier 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 1.000.000 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 $28. All of the company's sales are on account points Waller Corporation Comparative Balance Sheet (dallars in thousands) 8 00:54 This Year Last Test Accounts receivable, net Tinventory Prepaid expenses Total current asseta Property and equipment 2.500 22,360 10.400 21,200 29,200 21,000 29,000 Buildings and equipment, et Total property and equipment Total se Liabilities and stealdera Equity Current liabilities Accounts payable Acered liabilities Notes payable bort ten Total current liabilities Long-term liabilities honde payable Total liabilities Stor ty 9.310 11.500 5,000 Total paid Standar capital Chapter Fifteen Homework 6 Help Set Submit Total paid.in capital Retained earnings Total stockholdere quity Total abilities and stockholders alty Walter Corporation Comparative Theone Statement and Reconciliation dollars in thousande) Test 63,00 Cost of goods sold Gross margin Balling and administrative expens Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net Income before taxes Net Income Dividende to o n stockholders Net in added to retained earnings Beginning retained earnings Trding retained earnings Required Compute the following financial data for this year 1. Gross margin percentage Round your percentage answer to 1 decimal place le 0.1234 should be entered as 123).) 2. Net profit margin percentage Round your percentage answer to 1 decimal place le 01234 should be entered as 123) 3. Return on total assets. Round your percentage answer to 1 decimal place le 01234 should be entered as 123.) 4. Return on equity Round your percentage answer to 2 decimal places 0.1234 should be entered as 12.34.)

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