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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. Required: Compute the following financial data for

Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. Required:
Compute the following financial data for this year:
Gross margin percentage.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Net profit margin percentage.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Return on total assets.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Return on equity.
Note: Round your percentage answer to 2 decimal places (i.e.,0.1234 should be entered as 12.34).
The company did not issue any new common stock during the year. A total of 1,000,000 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 company's common stock at the end of this year was $28. All of the company's
sales are on account.
Required:
Compute the following financial data for this year:
Gross margin percentage.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Net profit margin percentage.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Return on total assets.
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