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 930,000 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 company's common stock at the end of the year was $24. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Accounts receivable, net Inventory Prepaid expenses S 4,038 15,700 10,350 1,930 4,140 10,400 8,720 2,360 Total current assets Property and equipment: -32:018 25,620 7,300 20,500 27,800 7,300 20,300 Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: a27,600 $59,818 $53,220 $10,8008,950 1,350 430 10,730 Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: 860 430 12,090 Bonds payable Total liabilities Stockholders' equity: 8,750 20,840 8,750 05049 19,480 930 4,850 5,780 27,960 Common stock 930 4,850 30 Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 5,780 33,198 38978 33,740 $59,818 $53,220 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales Cost of goods sold Gross margin Selling and administrative expenses: $92,000 $87,000 54, 500 32,500 58,500 33, 500 Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 9,800 13,300 23,100 10,400 1,050 9,350 3,740 9,300 12,300 21,600 10,900 1,050 9,850 3,940 5,610o 5,910 744 5,166 22,794 S33,198 $27,960 372 5,238 27,960 22. Required Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.., 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (i.., 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 01234 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.) 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity