httpsom Ch 14 Grad MY Mark Company Saved mework Help 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 980,000 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 the year was $27. All of the company's sales are on account Weller Corporation Comparative Balance Sheet dollars in thousands This Year Last Year $4,568 Accounts receivable, net 1980 33,348 taildings and equipment. net Els Soldes guilty Total i ties Additional paid in capital MacBook Air DODOTTO mework Weller Corporation Comparative Income Statement and Reconciliation dollars in thousands) This Year Last Year $97,000 $92,000 Cost of goods sold 61,000 57.000 GOOBS margin 36,000 35,000 Selling and administrative expenses Selling expenses 10,300 M inistrative expenses 13,800 12,800 Total selling and administrative expenses 24,100 22.600 Set operating income 11,900 12.400 1,050 Net income before taxes 1.050 Dividends to common stockholders Set income added to retained earnings Beginning retained earnings Ending retained earnings Required: Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (ie., 0.1234 should be entered as 123 2. Net profit margin percentage (Round your percentage answer to 1 decimal place fie., 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 12.33) 4. Return on equity (Round your percentage answer to 2 decimal places fie.. 0.1234 should be entered as 12.34):) 1. Gross margin percentage 2 Net profit margin percentage 3. Return on total was 4. Return on equity MacBook Air