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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

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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 870,000 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 $22. All of the company's sales are on account. Long-term 1130111thes: Weller Corporation Comparative Income statement and Reconciliation (dollars in thousands) This Year Last Year sales Cost of goods sold Gross margin Selling and administrative expenses: sel1ing expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Wet income before taxes Income taxes Net 1 ncome Dividends to comon stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings \begin{tabular}{rr} $86,060 & $81,000 \\ 55,500 & 51,500 \\ \hline 30,500 & 29,500 \\ \hline 9,200 & 8,700 \\ 12,700 & 11,700 \\ \hline 21,900 & 20,400 \\ \hline 8,600 & 9,160 \\ 900 & 900 \\ \hline 7,760 & 8,200 \\ 3,080 & 3,280 \\ \hline 4,620 & 4,920 \\ 348 & 696 \\ \hline 4,272 & 4,224 \\ 27,360 & 23,136 \\ \hline$31,632 & $27,360 \\ \hline \end{tabular} Required: Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimol place (i.e., 0.1234 should be ent.red as 12.3).) 2. Net profit margin percentage. (Round your percentage onswer to 1 decimal place (i.e., 0.1234 should be entered as 12.3 ).) 3. Return on total assets. (Round your percentage answer to 1 decimal ploce (i.e., 0.1234 should be entered os 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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