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I have also tried 11.7 and 11.8 and 11.5 3 Comparative financial statements for Weller Corporation, a merchandising company., for the year ending December 31appear

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I have also tried 11.7 and 11.8 and 11.5

3 Comparative financial statements for Weller Corporation, a merchandising company., for the year ending December 31appear below. The company did not issue any new common stock during the year. A total of 950,000 shares of common stock were outstanding. The interest rate on the bond payable was 129%, 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 $26. All of the company's sales are on account points Heller Corporation Corparative Balance Sheet (dollars in thousands) 030308 This Year Last Year Assets Current assets: 1,810 Cash 77e Accounts receivable, net 15,90e 18,45e 1.95e 29,e7e 9,e00 8,800 Inventory Prepaid expenses 2,48e Total current assets 22,e1e Property and equipment: Land Buildings and equipment, net Total property and equipment 7,500 20,708 7,5ee 28,50e 28,200 28,e00 $57,278 $se,010 Total assets Liabilities and Stockholders Equity Current liabilities: Accounts payable Accrued 1iabilities Notes payable, short term Total current liabilitics Long-tern liabilities: Bonds payable $11,e00 9,8se 1,45e see 45e 458 12,35e 18,95e 5,00p 5,eee Total liabilitics 17,35e 15,95e Stockholders' equity: Common stock 958 95e Additional paid-in capital 4,95e 4,95e Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders cquity s,900 5,900 34,020 28,168 34,06e 39,928 $57,270 $se,e1e Weller Corp Corparative Incone Statenent and Reconciliation (dollars in thous ands ) ion This Year Last Year Sales Cost of goods sold Gross nargin Selling and adrinistrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense $94,eee $89,eee 59,50e 55,50e 33,500 34,50 9,500 18,eee 13,see 23,5p 12,see 22,eee 11,s0e 11,ee 68e 68e Net incore before taxes 18,40e 10,900 Incone taxes 4,16e 4,368 Net incore Dividends to cormon stockholders 6,548 6,248 388 76e Net incone added to retained carnings Beginning retained carnings Ending retained carnings 5,868 28.160 ,788 22,38e $34,e2e $28,160 Required: Compute the following financial data for this year 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (L.e, 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (Le 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 declmal places (e, 0.1234 should be entered as 12.34).) Answer is complete but not entirely correct 36.7 % Gross margin percentage Net profit margin percentage 1 2 6.6 % 11.6 % 3. Return on tobal assets

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