Exercise 14-5 Financial Ratios for Assessing Profitability [LO14-5] Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear b The company did not issue any new common stock during the year. A total of 960,000 shares of common stock were outstandit interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.7 year and $0.40 this year. The market value of the company's common stock at the end of the year was $26. All of the company' are on account. Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 18,7306,25017,3106,250 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) 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 ).)