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 $940,000$ 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$$s common stock at the end of this year was $$25.$ 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 $ $5,304$ $ $5,350$

Accounts receivable, net $15,80010,450$

Inventory $10,4008,760$

Prepaid expenses $1,9402,380$

Total current assets $33,44426,940$

Property and equipment:

Land $7,4007,400$

Buildings and equipment, net $20,60020,400$

Total property and equipment $28,00027,800$

Total assets $ $61,444$ $ $54,740$

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $ $10,900$ $ $9,000$

Accrued liabilities $8801,400$

Notes payable, short term $440440$

Total current liabilities $12,22010,840$

Long$-$term liabilities:

Bonds payable $10,00010,000$

Total liabilities $22,22020,840$

Stockholders' equity:

Common stock $940940$

Additional paid$-$in capital $4,9004,900$

Total paid$-$in capital $5,8405,840$

Retained earnings $33,38428,060$

Total stockholders' equity $39,22433,900$

Total liabilities and stockholders' equity $ $61,444$ $ $54,740$

Weller Corporation

Comparative Income Statement and Reconciliation

$($dollars in thousands$)$

This Year Last Year

Sales $ $93,000$ $ $88,000$

Cost of goods sold $59,00055,000$

Gross margin $34,00033,000$

Selling and administrative expenses:

Selling expenses $9,9009,400$

Administrative expenses $13,40012,400$

Total selling and administrative expenses $23,30021,800$

Net operating income $10,70011,200$

Interest expense $1,2001,200$

Net income before taxes $9,50010,000$

Income taxes $3,8004,000$

Net income $5,7006,000$

Dividends to common stockholders $376752$

Net income added to retained earnings $5,3245,248$

Beginning retained earnings $28,06022,812$

Ending retained earnings $ $33,384$ $ $28,060$

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 $12\mathrm{.}34).$