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 920,000 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. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 2,772 15,600 10,380 1,920 30,592 $ 2,930 12,350 8,689 2,340 24,38 7,200 20,480 27,680 $58,192 7,200 29, 280 27,480 $51,78e 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 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 $19,780 840 420 11,960 $ 8,900 1,380 420 18,620 7,500 19,460 7,580 18,120 920 4, Bee 5,720 33,012 38,732 $58,192 920 4,800 5,720 27,860 33,580 $51,780 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) Last Year $86,080 54,80 32.eee Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $91,eee Cost of goods sold 58,080 Gross margin 33,000 Selling and administrative expenses: Selling expenses 9,780 Administrative expenses 13,280 Total selling and administrative expenses Net operating income 10,10 Interest expense 98 Net income before taxes 9,280 Income taxes 3,680 Net income 5,520 Dividends to common stockholders 368 Net income added to retained earnings 5,152 Beginning retained earnings 27,860 Ending retained earnings $33,012 22.980 9,280 12,200 21,480 19,680 980 9,780 3,880 5,820 736 5,084 22,776 $27,860 Required: Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) 2 Net profit margin percentage. (Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (1.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).) 96 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity Screenshot sa The screensho OneDrive