It is just question 3. RETURN ON TOTAL ASSETS.

11.1 and 20.4 are not the answers.

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 this year was $27. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash $ 4,568 $ 5,440 Accounts receivable, net 16,200 9, 150 Inventory 10,600 8,920 Prepaid expenses 1,980 2,460 Total current assets 33, 348 25,970 Property and equipment: Land 7,800 7,800 Buildings and equipment, net 21,000 20,800 Total property and equipment 28,800 28,600 Total assets $62, 148 $54,570 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $11,300 $ 9,200 Accrued liabilities 960 1,600 Notes payable, short term 480 480 Total current liabilities 12,740 11,280 Long-term liabilities: Bonds payable 8,750 8,750 Total liabilities 21,490 20,030 Stockholders' equity: Common stock 980 980 Additional paid-in capital 5, 100 5, 100 Total paid-in capital 6,080 6,080 Retained earnings 34,578 28,460 Total stockholders' equity 40,658 34,540 Total liabilities and stockholders' equity $62,148 $54,570