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 970,000 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.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 3,302	$ 4,230
Accounts receivable, net	16,100	9,100
Inventory	10,550	8,880
Prepaid expenses	1,970	2,440
Total current assets	31,922	24,650
Property and equipment:
Land	7,700	7,700
Buildings and equipment, net	20,900	20,700
Total property and equipment	28,600	28,400
Total assets	$ 60,522	$ 53,050
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 11,200	$ 9,150
Accrued liabilities	940	1,550
Notes payable, short term	470	470
Total current liabilities	12,610	11,170
Long-term liabilities:
Bonds payable	7,500	7,500
Total liabilities	20,110	18,670
Stockholders' equity:
Common stock	970	970
Additional paid-in capital	5,050	5,050
Total paid-in capital	6,020	6,020
Retained earnings	34,392	28,360
Total stockholders' equity	40,412	34,380
Total liabilities and stockholders' equity	$ 60,522	$ 53,050

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 96,000	$ 91,000
Cost of goods sold	60,500	56,500
Gross margin	35,500	34,500
Selling and administrative expenses:
Selling expenses	10,200	9,700
Administrative expenses	13,700	12,700
Total selling and administrative expenses	23,900	22,400
Net operating income	11,600	12,100
Interest expense	900	900
Net income before taxes	10,700	11,200
Income taxes	4,280	4,480
Net income	6,420	6,720
Dividends to common stockholders	388	776
Net income added to retained earnings	6,032	5,944
Beginning retained earnings	28,360	22,416
Ending retained earnings	$ 34,392	$ 28,360

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).)