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 960,000 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 $26. All of the companys sales are on account.

Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses $ 2,036 3,020 9,050 8,840 2,420 56,496 23,338 16,000 10,500 1,960 Total current assets Property and equipment: Land 7,600 20,80020,60 28,40028,200 $58,896 $51,530 7,600 Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders Equity Current liabilities: Accounts payable 11,100 $9,100 1,500 460 11,060 Accrued liabilities 920 460 12,480 Notes payable, short term Total current liabilities Long-term liabilities: 6,250 :250 18,739 17,310 Bonds payable Total liabilities Stockholders' equity: 6,250 Common stock 960 5,000 5,960 28, 260 16634,220 $58,896 $51,530 960 5,000 5,960 34, 206 Additional paid-in capital Total paid-in capita.l Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year $95,000 $90,980 Sales Cost of goods sold Gross margin Selling and administrative expenses: 60,000 35,000 56,000 34,00 10,100 13,600 23,700 11,300 750 10,550 4.220 6,330 384 5,946 Selling expenses 9,600 12,600 22,200 11,800 750 11,050 4,420 6,630 768 5,862 28,26022:598 34,206 $28,260 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: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (ie., 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.) 5,946 28,260 Net income added to retained earnings Beginning retained earnings Ending retained earnings 5,862 22,398 $34,206 $28,260 Required Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.., 0.1234 should be entered as 12.3.) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (ie, 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).) 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity