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 830,000 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 $20. 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 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 $ 5,078 $ 5,190 12,600 9,250 9,850 8,320 1,830 2,160 29,358 24,920 6,300 6,300 19,500 19,300 25,800 25,600 $ 55,158 $ 50,520 $ 9,800 $ 8,450 660 850 330 330 10,790 9,630 8,750 8,750 19,540 18,380 830 830 4,350 4,350 5,180 5,180 Retained earnings 30,438 26,960 Total stockholders' equity 35,618 32,140 Total liabilities and stockholders' equity $ 55,158 $ 50,520 Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Sales Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) Cost of goods sold Gross margin Selling expenses Selling and administrative 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 This Year Last Year $ 82,000 $ 77,000 53,500 49,500 28,500 27,500 8,800 8,300 12,300 11,300 21,100 19,600 7,400 7,900 1,050 1,050 6,350 6,850 2,540 2,740 3,810 4,110 332 664 3,478 26,960 3,446 23,514 $ 30,438 $ 26,960 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).) 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity % % % %