Sales Comparative Income Statement and Reconciliation (dollars in thousands) Cost of goods sold. Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings Required: Compute the following financial data for this year: This Year Last Year $ 95,000 60,000 35,000 $ 90,000 56,000 34,000 10,100 9,600 13,600 12,600 23,700 22,200 11,300 11,800 750 750 10,550 4,220 6,330 384 5,946 28,260 $ 34,206 $ 28,260 11,058 4,420 6,630 768 5,862 22,398 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 (l.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).) 1. Gross margin percentage 2. Net profit margin percentage 3. Return on total assets 4. Return on equity 36.8% 6.7 % % 17.01%