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 920,000 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	$ 2,772	$ 2,930
Accounts receivable, net	15,600	10,350
Inventory	10,300	8,680
Prepaid expenses	1,920	2,340
Total current assets	30,592	24,300
Property and equipment:
Land	7,200	7,200
Buildings and equipment, net	20,400	20,200
Total property and equipment	27,600	27,400
Total assets	$ 58,192	$ 51,700
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 10,700	$ 8,900
Accrued liabilities	840	1,300
Notes payable, short term	420	420
Total current liabilities	11,960	10,620
Long-term liabilities:
Bonds payable	7,500	7,500
Total liabilities	19,460	18,120
Stockholders' equity:
Common stock	920	920
Additional paid-in capital	4,800	4,800
Total paid-in capital	5,720	5,720
Retained earnings	33,012	27,860
Total stockholders' equity	38,732	33,580
Total liabilities and stockholders' equity	$ 58,192	$ 51,700

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 91,000	$ 86,000
Cost of goods sold	58,000	54,000
Gross margin	33,000	32,000
Selling and administrative expenses:
Selling expenses	9,700	9,200
Administrative expenses	13,200	12,200
Total selling and administrative expenses	22,900	21,400
Net operating income	10,100	10,600
Interest expense	900	900
Net income before taxes	9,200	9,700
Income taxes	3,680	3,880
Net income	5,520	5,820
Dividends to common stockholders	368	736
Net income added to retained earnings	5,152	5,084
Beginning retained earnings	27,860	22,776
Ending retained earnings	$ 33,012	$ 27,860

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).)