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Comparative nancial statements for Weller Corporation. a merchandising company. for the year ending December 31 appear below. The company did not issue any new common

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Comparative nancial 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. Atotal of 1.000.000 shares of common stock were outstanding. The interest rate on the bonds. which were sold at their face value. was 12%. The income tax rate was 40% and the dividend per share of common stock was 5040 this year. The market value of the company's common stock at the end of the year was $25. All of the company's sales are on account. Welto Carporaon' Coropaiat'rve Balance Sheet {dollars iu'thousarvds] "this Year Last-Year Assets Current assets: Cash 5 1.300 5 1.510 Accounts receivable. net 15.400 5.250 Inventory 10.?00 5.000 Prepaid expenses 2.000 2.500 Total current assets 30.400 22.350 Property and equipment: Land 5.000 5.00 0 Buildings and equipment. net 21.200 21.000 Total property and equipment 25.200 25.000 Total assets 555.500 551.350 Liabilities and Stockholders' Equity Current liabilities: Accounts payable 511.500 5 5.300 Accmed liabilities 1.000 1.?0 0 Notes payable. short term 500 500 Total current liabilities 13.000 11.500 Long-term liabilities: Bonds payable 5.000 5.000 Total liabilities 15.000 15.500 Stockholders equity: Common stock 1.000 1.000 Additional paidin capital 5.200 5.200 Total paidin capital 5.200 5.200 Retained earnings 35.400 25.550 Total stockholders' equity 41.500 34550 Total liabilities and stockholders' equity 555.500 551.350 \fRequired: Compute the following nancial data for this year: 1. Gross margin percentage. {Round your percentage answer to 1 decimal place [i.e.r 13.1234 should he entered as 12.31.] _I 2. Net prot margin percentage. [Round your percentage answer to 1 decimal place [i.e.. E1234 should he entered as 12.31.] 3. Return on total assets. [Round your percentage answer to 1 decimal place He... 0.1234 should he entered as 12.3].] 4. Ftetum on eqmty. [Round your percentage answer to 2 decimal places [i.e.r (3.1234 should he entered as 1134].}

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