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 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 $ 2,772 15,600 $ 2,930 10,350 10,300 1,920 8,680 2,340 30,592 24,300 7,200 7,200 20,400 27,600 $ 58,192 20,200 27,400 $ 51,700 $ 10,700 840 $ 8,900 1,300 420 11,960 420 10,620 7,500 19,460 7,500 18,120 920 920 4,800 4,800 5,720 5,720 33,012 27,860 38,732 33,580 Total liabilities and stockholders' equity $ 58,192 $ 51,700 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year $ 91,000 Last Year $ 86,000 54,000 32,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings Required: Compute the following financial data for this year: 58,000 33,000 9,700 9,200 13,200 12,200 22,900 21,400 10,100 10,600 900 900 9,200 9,700 3,680 3,880 5,520 5,820 368 736 5,152 27,860 5,084 22,776 $ 33,012 $ 27,860 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).)