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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December
appear below. The company did not issue any new common stock during the year. A total of shares of common
stock were outstanding. The interest rate on the bond payable was the income tax rate was and the dividend per
share of common stock was $ last year and $ this year. The market value of the company's common stock at the
end of this year was $ All of the company's sales are on account.
Required:
Compute the following financial data for this year:
Gross margin percentage. Round your percentage answer to decimal place ie should be entered as
Net profit margin percentage. Round your percentage answer to decimal place ie should be entered as
Return on total assets. Round your percentage answer to decimal place ie should be entered as
Return on equity. Round your percentage answer to decimal places ie should be entered as
Answer is complete but not entirely correct.
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