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 840,000 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 $20. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 6,344	$ 6,400
Accounts receivable, net	12,700	9,300
Inventory	9,900	8,360
Prepaid expenses	1,840	2,180
Total current assets	30,784	26,240
Property and equipment:
Land	6,400	6,400
Buildings and equipment, net	19,600	19,400
Total property and equipment	26,000	25,800
Total assets	$ 56,784	$ 52,040
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 9,900	$ 8,500
Accrued liabilities	680	900
Notes payable, short term	340	340
Total current liabilities	10,920	9,740
Long-term liabilities:
Bonds payable	10,000	10,000
Total liabilities	20,920	19,740
Stockholders' equity:
Common stock	840	840
Additional paid-in capital	4,400	4,400
Total paid-in capital	5,240	5,240
Retained earnings	30,624	27,060
Total stockholders' equity	35,864	32,300
Total liabilities and stockholders' equity	$ 56,784	$ 52,040

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 83,000	$ 78,000
Cost of goods sold	54,000	50,000
Gross margin	29,000	28,000
Selling and administrative expenses:
Selling expenses	8,900	8,400
Administrative expenses	12,400	11,400
Total selling and administrative expenses	21,300	19,800
Net operating income	7,700	8,200
Interest expense	1,200	1,200
Net income before taxes	6,500	7,000
Income taxes	2,600	2,800
Net income	3,900	4,200
Dividends to common stockholders	336	672
Net income added to retained earnings	3,564	3,528
Beginning retained earnings	27,060	23,532
Ending retained earnings	$ 30,624	$ 27,060

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