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 980,000 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 $27. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 4,568	$ 5,440
Accounts receivable, net	16,200	9,150
Inventory	10,600	8,920
Prepaid expenses	1,980	2,460
Total current assets	33,348	25,970
Property and equipment:
Land	7,800	7,800
Buildings and equipment, net	21,000	20,800
Total property and equipment	28,800	28,600
Total assets	$ 62,148	$ 54,570
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 11,300	$ 9,200
Accrued liabilities	960	1,600
Notes payable, short term	480	480
Total current liabilities	12,740	11,280
Long-term liabilities:
Bonds payable	8,750	8,750
Total liabilities	21,490	20,030
Stockholders' equity:
Common stock	980	980
Additional paid-in capital	5,100	5,100
Total paid-in capital	6,080	6,080
Retained earnings	34,578	28,460
Total stockholders' equity	40,658	34,540
Total liabilities and stockholders' equity	$ 62,148	$ 54,570

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 97,000	$ 92,000
Cost of goods sold	61,000	57,000
Gross margin	36,000	35,000
Selling and administrative expenses:
Selling expenses	10,300	9,800
Administrative expenses	13,800	12,800
Total selling and administrative expenses	24,100	22,600
Net operating income	11,900	12,400
Interest expense	1,050	1,050
Net income before taxes	10,850	11,350
Income taxes	4,340	4,540
Net income	6,510	6,810
Dividends to common stockholders	392	784
Net income added to retained earnings	6,118	6,026
Beginning retained earnings	28,460	22,434
Ending retained earnings	$ 34,578	$ 28,460

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).)