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 930,000 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 companys common stock at the end of this year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 4,038	$ 4,140
Accounts receivable, net	15,700	10,400
Inventory	10,350	8,720
Prepaid expenses	1,930	2,360
Total current assets	32,018	25,620
Property and equipment:
Land	7,300	7,300
Buildings and equipment, net	20,500	20,300
Total property and equipment	27,800	27,600
Total assets	$ 59,818	$ 53,220
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 10,800	$ 8,950
Accrued liabilities	860	1,350
Notes payable, short term	430	430
Total current liabilities	12,090	10,730
Long-term liabilities:
Bonds payable	8,750	8,750
Total liabilities	20,840	19,480
Stockholders' equity:
Common stock	930	930
Additional paid-in capital	4,850	4,850
Total paid-in capital	5,780	5,780
Retained earnings	33,198	27,960
Total stockholders' equity	38,978	33,740
Total liabilities and stockholders' equity	$ 59,818	$ 53,220

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 92,000	$ 87,000
Cost of goods sold	58,500	54,500
Gross margin	33,500	32,500
Selling and administrative expenses:
Selling expenses	9,800	9,300
Administrative expenses	13,300	12,300
Total selling and administrative expenses	23,100	21,600
Net operating income	10,400	10,900
Interest expense	1,050	1,050
Net income before taxes	9,350	9,850
Income taxes	3,740	3,940
Net income	5,610	5,910
Dividends to common stockholders	372	744
Net income added to retained earnings	5,238	5,166
Beginning retained earnings	27,960	22,794
Ending retained earnings	$ 33,198	$ 27,960

Required:

Compute the following financial data for this year:

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).)