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 960,000 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 companys common stock at the end of this year was $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands) This YearLast YearAssets Current assets: Cash$ 2,036$ 3,020Accounts receivable, net16,0009,050Inventory10,5008,840Prepaid expenses1,9602,420Total current assets30,49623,330Property and equipment: Land7,6007,600Buildings and equipment, net20,80020,600Total property and equipment28,40028,200Total assets$ 58,896$ 51,530Liabilities and Stockholders' Equity Current liabilities: Accounts payable$ 11,100$ 9,100Accrued liabilities9201,500Notes payable, short term460460Total current liabilities12,48011,060Long-term liabilities: Bonds payable6,2506,250Total liabilities18,73017,310Stockholders' equity: Common stock960960Additional paid-in capital5,0005,000Total paid-in capital5,9605,960Retained earnings34,20628,260Total stockholders' equity40,16634,220Total liabilities and stockholders' equity$ 58,896$ 51,530

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This YearLast YearSales$ 95,000$ 90,000Cost of goods sold60,00056,000Gross margin35,00034,000Selling and administrative expenses: Selling expenses10,1009,600Administrative expenses13,60012,600Total selling and administrative expenses23,70022,200Net operating income11,30011,800Interest expense750750Net income before taxes10,55011,050Income taxes4,2204,420Net income6,3306,630Dividends to common stockholders384768Net income added to retained earnings5,9465,862Beginning retained earnings28,26022,398Ending retained earnings$ 34,206$ 28,260

Required:

Compute the following financial data for this year:

1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

2. Net profit margin percentage. (Round your percentage answer 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 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).)