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 990,000 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 $28. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 5,834	$ 6,650
Accounts receivable, net	16,300	9,200
Inventory	10,650	8,960
Prepaid expenses	1,990	2,480
Total current assets	34,774	27,290
Property and equipment:
Land	7,900	7,900
Buildings and equipment, net	21,100	20,900
Total property and equipment	29,000	28,800
Total assets	$ 63,774	$ 56,090
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 11,400	$ 9,250
Accrued liabilities	980	1,650
Notes payable, short term	490	490
Total current liabilities	12,870	11,390
Long-term liabilities:
Bonds payable	10,000	10,000
Total liabilities	22,870	21,390
Stockholders' equity:
Common stock	990	990
Additional paid-in capital	5,150	5,150
Total paid-in capital	6,140	6,140
Retained earnings	34,764	28,560
Total stockholders' equity	40,904	34,700
Total liabilities and stockholders' equity	$ 63,774	$ 56,090

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 98,000	$ 93,000
Cost of goods sold	61,500	57,500
Gross margin	36,500	35,500
Selling and administrative expenses:
Selling expenses	10,400	9,900
Administrative expenses	13,900	12,900
Total selling and administrative expenses	24,300	22,800
Net operating income	12,200	12,700
Interest expense	1,200	1,200
Net income before taxes	11,000	11,500
Income taxes	4,400	4,600
Net income	6,600	6,900
Dividends to common stockholders	396	792
Net income added to retained earnings	6,204	6,108
Beginning retained earnings	28,560	22,452
Ending retained earnings	$ 34,764	$ 28,560

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).)