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Required: Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any

Required: 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 800,000 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 $18. All of the company's sales
are on account. Additional paid-in capital
Total paid-in capital
Compute the following financial data for this year:
Gross margin percentage.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Net profit margin percentage.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Return on total assets.
Note: Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).
Return on equity.
Note: Round your percentage answer to 2 decimal places (i.e.,0.1234 should be entered as 12.34).
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