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 950,000 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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 770	$ 1,810
Accounts receivable, net	15,900	9,000
Inventory	10,450	8,800
Prepaid expenses	1,950	2,400
Total current assets	29,070	22,010
Property and equipment:
Land	7,500	7,500
Buildings and equipment, net	20,700	20,500
Total property and equipment	28,200	28,000
Total assets	$ 57,270	$ 50,010
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 11,000	$ 9,050
Accrued liabilities	900	1,450
Notes payable, short term	450	450
Total current liabilities	12,350	10,950
Long-term liabilities:
Bonds payable	5,000	5,000
Total liabilities	17,350	15,950
Stockholders' equity:
Common stock	950	950
Additional paid-in capital	4,950	4,950
Total paid-in capital	5,900	5,900
Retained earnings	34,020	28,160
Total stockholders' equity	39,920	34,060
Total liabilities and stockholders' equity	$ 57,270	$ 50,010

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This YearLast YearSales$ 94,000$ 89,000Cost of goods sold59,50055,500Gross margin34,50033,500Selling and administrative expenses: Selling expenses10,0009,500Administrative expenses13,50012,500Total selling and administrative expenses23,50022,000Net operating income11,00011,500Interest expense600600Net income before taxes10,40010,900Income taxes4,1604,360Net income6,2406,540Dividends to common stockholders380760Net income added to retained earnings5,8605,780Beginning retained earnings28,16022,380Ending retained earnings$ 34,020$ 28,160

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).)