Exercise 14-5 (Algo) Financial Ratios for Assessing Profitability [LO14-5] 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 910,000 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 $075 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $24. All of the company's sales are on account 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 percentoge onswer to 1 decimal place (i.e, 0.1234 should be entered os 12.3).) 3. Return on total assets. (Round your percentoge onswer to 1 decimol place (i.e., 0.1234 should be entered as 12.3) ). 4. Return on equity. (Round yout percentage answer to 2 decimol ploces (i.e., 0.1234 should be entered as 12.34).) Answer is complete but not entirely correct