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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

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 990,000 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 $28. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) 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 Current liabilities: Accounts payable Liabilities and Stockholders' Equity 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 stockholdans' enuitu This Year Last Year $5,834 16,300. $ 6,650 9,200 10,650 1,990 8,960 2,480 34,774 27,290 7,900 7,900 21,100 29,000 20,900 28,800 $ 63,774 $ 56,090 $ 11,400 980 490 12,870 $ 9,250 1,650 490. 11,390 10,000 10,000 22,870 21,390 990 990 5,150 5,150 6,140 6,140 34,764 40,904 63 776 28,560 34,700 56 04 Total liabilities and stockholders' equity Sales Cost of goods sold Weller Corporation $ 63,774 $ 56,090 Comparative Income Statement and Reconciliation (dollars in thousands) This Year $ 98,000 Last Year $ 93,000 57,500 35,500 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. 61,500 36,500 10,400 9,900 13,900 12,900 24,300 22,800 12,200 12,700 1,200 1,200 11,000 4,400 6,600 11,500 4,600 6,900 396 6,204 28,560 792 6,108) 22,452 $ 34,764 $ 28,560 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).)

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