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 yeac A total of 870,000 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 $075 last year and $0,40 this year The market value of the company's common stock at the end of this year was $22. All of the company's sales are on account. Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: \begin{tabular}{rr} $10,2 & $8,65 \\ 74 & 1,5 \\ 37 & 37 \\ \hline 11,31 & 10,7 \end{tabular} Bonds payable Total liabilities Stockholders" equity: \begin{tabular}{rr} 7,500 & 7,500 \\ \hline 18,810 & 17,578 \\ \hline \end{tabular} Common stock Additional paid-in capital Total paid-in capital Retained earnings \begin{tabular}{rr} 87 & 87 \\ 4,55 & 4,55 \\ \hline 5,420 & 5,420 \end{tabular} Total stockholders' equity Total liabilities and stockholders' equity Weller corporation Comparative Income Statement and Reconciliation (dollars in thousands) Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses \begin{tabular}{rr} This Year & Last Year \\ $86,00 & $81,00 \\ 55,50 & 51,50 \\ 30,50 & 29,50 \\ 9,200 & 8,70 \\ 12,70 & 11,790 \\ \hline 21,900 & 20,40 \end{tabular} 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 shouid 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 ).) 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. Retum on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34 ).)