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 890,000 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 $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 4,774	$ 5,550
Accounts receivable, net	15,300	10,200
Inventory	10,150	8,560
Prepaid expenses	1,890	2,280
Total current assets	32,114	26,590
Property and equipment:
Land	6,900	6,900
Buildings and equipment, net	20,100	19,900
Total property and equipment	27,000	26,800
Total assets	$ 59,114	$ 53,390
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 10,400	$ 8,750
Accrued liabilities	780	1,150
Notes payable, short term	390	390
Total current liabilities	11,570	10,290
Long-term liabilities:
Bonds payable	10,000	10,000
Total liabilities	21,570	20,290
Stockholders' equity:
Common stock	890	890
Additional paid-in capital	4,650	4,650
Total paid-in capital	5,540	5,540
Retained earnings	32,004	27,560
Total stockholders' equity	37,544	33,100
Total liabilities and stockholders' equity	$ 59,114	$ 53,390

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 88,000	$ 83,000
Cost of goods sold	56,500	52,500
Gross margin	31,500	30,500
Selling and administrative expenses:
Selling expenses	9,400	8,900
Administrative expenses	12,900	11,900
Total selling and administrative expenses	22,300	20,800
Net operating income	9,200	9,700
Interest expense	1,200	1,200
Net income before taxes	8,000	8,500
Income taxes	3,200	3,400
Net income	4,800	5,100
Dividends to common stockholders	356	712
Net income added to retained earnings	4,444	4,388
Beginning retained earnings	27,560	23,172
Ending retained earnings	$ 32,004	$ 27,560

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).)

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 890,000 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