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 960,000 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 $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 2,036	$ 3,020
Accounts receivable, net	16,000	9,050
Inventory	10,500	8,840
Prepaid expenses	1,960	2,420
Total current assets	30,496	23,330
Property and equipment:
Land	7,600	7,600
Buildings and equipment, net	20,800	20,600
Total property and equipment	28,400	28,200
Total assets	$ 58,896	$ 51,530
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 11,100	$ 9,100
Accrued liabilities	920	1,500
Notes payable, short term	460	460
Total current liabilities	12,480	11,060
Long-term liabilities:
Bonds payable	6,250	6,250
Total liabilities	18,730	17,310
Stockholders' equity:
Common stock	960	960
Additional paid-in capital	5,000	5,000
Total paid-in capital	5,960	5,960
Retained earnings	34,206	28,260
Total stockholders' equity	40,166	34,220
Total liabilities and stockholders' equity	$ 58,896	$ 51,530

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 95,000	$ 90,000
Cost of goods sold	60,000	56,000
Gross margin	35,000	34,000
Selling and administrative expenses:
Selling expenses	10,100	9,600
Administrative expenses	13,600	12,600
Total selling and administrative expenses	23,700	22,200
Net operating income	11,300	11,800
Interest expense	750	750
Net income before taxes	10,550	11,050
Income taxes	4,220	4,420
Net income	6,330	6,630
Dividends to common stockholders	384	768
Net income added to retained earnings	5,946	5,862
Beginning retained earnings	28,260	22,398
Ending retained earnings	$ 34,206	$ 28,260

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).)