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 910,000 shares of common stock were outstanding. The interest rate on the bonds, which were sold at their face value, was 12%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 1,506 15,500 10,250 1,910 $ 1,720 10,300 8,640 2,320 Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets 29,166 22,980 7,100 20,300 7,100 20,100 27,400 27,200 $56,566 $50,180 $10,600 820 410 $ 8,850 1,250 410 11,830 10,510 6,250 6,250 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 18,080 16,760 910 4,750 910 4,750 5,660 32,826 5,660 27,760 38,486 33,420 $56,566 $50,180 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $90,000 $85,000 Cost of goods sold 57,500 53,500 Gross margin 32,500 31,500 Selling and administrative expenses: Selling expenses 9,600 9,100 Administrative expenses 13,100 12,100 Total selling and administrative expenses 22,700 21,200 Net operating income 9,800 10,300 Interest expense 750 750 Net income before taxes 9,050 9,550 Income taxes 3,620 3,820 Net income 5,430 5,730 Dividends to common stockholders 364 728 Net income added to retained earnings 5,066 5,002 Beginning retained earnings 27,760 22,758 Ending retained earnings $32,826 $27,760 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).) Gross margin percentage % 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Net profit margin percentage % 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Return on total assets % 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Return on equity %