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 910,000 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	$ 1,506	$ 1,720
Accounts receivable, net	15,500	10,300
Inventory	10,250	8,640
Prepaid expenses	1,910	2,320
Total current assets	29,166	22,980
Property and equipment:
Land	7,100	7,100
Buildings and equipment, net	20,300	20,100
Total property and equipment	27,400	27,200
Total assets	$ 56,566	$ 50,180
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 10,600	$ 8,850
Accrued liabilities	820	1,250
Notes payable, short term	410	410
Total current liabilities	11,830	10,510
Long-term liabilities:
Bonds payable	6,250	6,250
Total liabilities	18,080	16,760
Stockholders' equity:
Common stock	910	910
Additional paid-in capital	4,750	4,750
Total paid-in capital	5,660	5,660
Retained earnings	32,826	27,760
Total stockholders' equity	38,486	33,420
Total liabilities and stockholders' equity	$ 56,566	$ 50,180

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 90,000	$ 85,000
Cost of goods sold	57,500	53,500
Gross margin	32,500	31,500
Selling and administrative expenses:
Selling expenses	9,600	9,100
Administrative expenses	13,100	12,100
Total selling and administrative expenses	22,700	21,200
Net operating income	9,800	10,300
Interest expense	750	750
Net income before taxes	9,050	9,550
Income taxes	3,620	3,820
Net income	5,430	5,730
Dividends to common stockholders	364	728
Net income added to retained earnings	5,066	5,002
Beginning retained earnings	27,760	22,758
Ending retained earnings	$ 32,826	$ 27,760

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).)