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 810,000 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 $18. All of the companys sales are on account. 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).)

\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Weller Corporation \\ Comparative Balance Sheet \\ (dollars in thousands) \end{tabular}} \\ \hline & This Year & Last Year \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Cash & $2,546 & $2,770 \\ \hline Accounts receivable, net & 12,400 & 9,150 \\ \hline Inventory & 9,750 & 8,240 \\ \hline Prepaid expenses & 1,810 & 2,120 \\ \hline Total current assets & 26,506 & 22,280 \\ \hline \multicolumn{3}{|l|}{ Property and equipment: } \\ \hline Land & 6,10 & 6,100 \\ \hline Buildings and equipment, net & 19,300 & 19,100 \\ \hline Total property and equipment & 25,400 & 25,200 \\ \hline Total assets & $51,906 & $47,480 \\ \hline \multirow{2}{*}{\multicolumn{3}{|c|}{\begin{tabular}{l} Liabilities and Stockholders' Equity \\ Current liabilities: \end{tabular}}} \\ \hline & \multicolumn{2}{|c|}{ Current liabilities: } \\ \hline Accounts payable & $9,600 & $8,350 \\ \hline Accrued liabilities & 620 & 750 \\ \hline Notes payable, short term & 310 & 310 \\ \hline Total current liabilities & 10,530 & 9,410 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Bonds payable & 6,250 & 6,25 \\ \hline Total liabilities & 16,780 & 15,660 \\ \hline \multicolumn{3}{|l|}{ Stockholders' equity: } \\ \hline Common stock & 810 & 810 \\ \hline Additional paid-in capital & 4,250 & 4,250 \\ \hline Total paid-in capital & 5,060 & 5,960 \\ \hline Retained earnings & 30,066 & 26,76 \\ \hline Total stockholders' equity & 35,126 & 31,820 \\ \hline Total liabilities and stockholders' equity & $51,906 & $47,486 \\ \hline \begin{tabular}{c} Weller Corporation \\ Comparative Income Statement and Reconcili \\ (dollars in thousands) \end{tabular} & liation & \\ \hline & This Year & Last Year \\ \hline Sales & $80,000 & $75,000 \\ \hline Cost of goods sold & 52,500 & 48,500 \\ \hline Gross margin & 27,500 & 26,500 \\ \hline Selling and administrative expenses: & & \\ \hline Selling expenses & 8,600 & 8,100 \\ \hline Administrative expenses & 12,100 & 11,100 \\ \hline Total selling and administrative expenses & 20,700 & 19,200 \\ \hline Net operating income & 6,800 & 7,300 \\ \hline Interest expense & 750 & 750 \\ \hline Net income before taxes & 6,050 & 6,558 \\ \hline Income taxes & 2,420 & 2,620 \\ \hline Net income & 3,630 & 3,930 \\ \hline Dividends to common stockholders & 324 & 648 \\ \hline Net income added to retained earnings & 3,306 & 3,282 \\ \hline Beginning retained earnings & 26,760 & 23,478 \\ \hline Ending retained earnings & $30,066 & $26,768 \\ \hline \end{tabular}