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 $$0\mathrm{.}75$ last year and $$0\mathrm{.}40$ this year. The market value of the company's common stock at the end of this year was $$27.$ All of the company's sales Required:

Compute the following financial data for this year:

Gross margin percentage.

Note: Round your percentage answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$

Net profit margin percentage.

Note: Round your percentage answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$

Return on total assets.

Note: Round your percentage answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}3).$

Return on equity.

Note: Round your percentage answer to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34).$

$2\mathrm{.}5$

points

$\backslash$table$[[\backslash$table$[[$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$,7,800,7,800],[$Buildinqs and equipment, net,$21,000,20,800],[$Total property and equipment,$28,800,28,600],[$Total assets,$$62,148,$$$54,570],[$Liabilities and Stockholders' Equity$],[],[$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$\text{'}$ 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' eauitv,$$62,148,$$$54,570]]$