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 companys common stock at the end of this year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands) This YearLast YearAssets Current assets: Cash$ 4,038$ 4,140Accounts receivable, net15,70010,400Inventory10,3508,720Prepaid expenses1,9302,360Total current assets32,01825,620Property and equipment: Land7,3007,300Buildings and equipment, net20,50020,300Total property and equipment27,80027,600Total assets$ 59,818$ 53,220Liabilities and Stockholders' Equity Current liabilities: Accounts payable$ 10,800$ 8,950Accrued liabilities8601,350Notes payable, short term430430Total current liabilities12,09010,730Long-term liabilities: Bonds payable8,7508,750Total liabilities20,84019,480Stockholders' equity: Common stock930930Additional paid-in capital4,8504,850Total paid-in capital5,7805,780Retained earnings33,19827,960Total stockholders' equity38,97833,740Total liabilities and stockholders' equity$ 59,818$ 53,220

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This YearLast YearSales$ 92,000$ 87,000Cost of goods sold58,50054,500Gross margin33,50032,500Selling and administrative expenses: Selling expenses9,8009,300Administrative expenses13,30012,300Total selling and administrative expenses23,10021,600Net operating income10,40010,900Interest expense1,0501,050Net income before taxes9,3509,850Income taxes3,7403,940Net income5,6105,910Dividends to common stockholders372744Net income added to retained earnings5,2385,166Beginning retained earnings27,96022,794Ending retained earnings$ 33,198$ 27,960

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).)