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 880,000 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. Assets Weller Corporation Comparative Balance Sheet (dollars in thousands) 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 Total liabilities and stockholders' equity This Year Last Year $ 3,508 15,200 10,100 $ 4,340 10,150 8,520 1,880 2,260 30,688 25,270 6,800 6,800 20,000 19,800 26,800 26,600 $ 57,488 $ 51,870 $ 10,300 760 380 $ 8,700. 1,100 380 11,440 10, 180 8,750 20,190 8,750 18,930 8801 880 4,600 4,600 5,480 5,480 31,818 27,460 37,298 32,940 $ 57,488 $ 51,870 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year $ 87,000 Last Year $ 82,000 52,000 30,000 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 56,000 31,000 9,300 8,800 12,800 11,800 22,100 20,600 8,900 9,400 1,050 1,050 7,850 8,350 3,140 3,340 4,710 5,010 352 704 4,358 27,460 4,306 23,154 $ 31,818 $ 27,460 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity % % % %