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 940,000 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 $25. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 5,304	$ 5,350
Accounts receivable, net	15,800	10,450
Inventory	10,400	8,760
Prepaid expenses	1,940	2,380
Total current assets	33,444	26,940
Property and equipment:
Land	7,400	7,400
Buildings and equipment, net	20,600	20,400
Total property and equipment	28,000	27,800
Total assets	$ 61,444	$ 54,740
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 10,900	$ 9,000
Accrued liabilities	880	1,400
Notes payable, short term	440	440
Total current liabilities	12,220	10,840
Long-term liabilities:
Bonds payable	10,000	10,000
Total liabilities	22,220	20,840
Stockholders' equity:
Common stock	940	940
Additional paid-in capital	4,900	4,900
Total paid-in capital	5,840	5,840
Retained earnings	33,384	28,060
Total stockholders' equity	39,224	33,900
Total liabilities and stockholders' equity	$ 61,444	$ 54,740

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 93,000	$ 88,000
Cost of goods sold	59,000	55,000
Gross margin	34,000	33,000
Selling and administrative expenses:
Selling expenses	9,900	9,400
Administrative expenses	13,400	12,400
Total selling and administrative expenses	23,300	21,800
Net operating income	10,700	11,200
Interest expense	1,200	1,200
Net income before taxes	9,500	10,000
Income taxes	3,800	4,000
Net income	5,700	6,000
Dividends to common stockholders	376	752
Net income added to retained earnings	5,324	5,248
Beginning retained earnings	28,060	22,812
Ending retained earnings	$ 33,384	$ 28,060

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).)