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 asi12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34) ). 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 820,000 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 this year was $19. All of the company's sales are on account. Liabilities and stockholders' Equity Current 1iabilitieg: Accounts payable Accrued liabilities Notes payable, short term Total current 1iabilities \begin{tabular}{rr} $9,700 & $8,400 \\ 640 & 800 \\ 320 & 320 \\ \hline 10,660 & 9,520 \end{tabular} Iong-terth liabilitiest Bonds payable Total 1 abilities \begin{tabular}{rr} 7,500 & 7,500 \\ \hline 18,160 & 17,020 \\ \hline \end{tabular} stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders" equity Total 11abilities and stockholders equity Weller corporation Conparative Income statenent and Reconciliation (do11ars in thousands) Sales Cost of goods sold Gross margin Selling and administrative expenses : Selling expensed Adininistrative expenses Total selling and administrative expenses Jet operating income Interest expente Net incone before taxes Incothe taxes Net income Dividends to common stockholders \begin{tabular}{|c|c} \hline This Year & Last Year \\ S. B1,000 & 76,000 \\ 53,000 & 49,000 \\ \hline 28,000 & 27,000 \\ \hline 8,700 & 8,200 \\ 12,200 & 11,200 \\ \hline 20,900 & 19,400 \\ \hline 7,100 & 7,600 \\ 900 & 900 \\ \hline 6,200 & 6,700 \\ 2,480 & 2,680 \\ \hline 3,720 & 4,020 \\ 328 & 656 \\ \hline \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 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 ).)
