Saved Help Sa 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 950,000 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 $26. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) 18 This Year tant Yor 5770 15,900 10,450 11.950 29,070 $ 1.810 9,000 8.800 2,400 22.010 7,500 20.700 2,200 $57,290 7.500 20,500 120.000 550,00 Assets Current assets! Cash Accounts receivable, net Inventory Prepaid expenses Total current Assets Property and equipment Land Daildings and equipment, not Total property and equipment Total assets Liabilities and stockholders' Equity Current liabilities Nccounts payable Accrued liabilitlen Notes payable, short term Total current Babies Long-term abilities Bonds payable Total liabilities stockholders' equity Connon stock Additional paid capital Total paid.in capital Retained earning Total stockholdere equity Total liabilities and stockholdere quity nous $11,000 900 450 12.350 9050 1.450 450 10,950 5.000 17.350 15,950 950 9.950 5.900 20.020 39.920 557.270 950 250 5.900 21.160 850.010 LUGAR LABAI (dollars in thousands) This Year Last Year $94,000 $89.000 59,500 55,500 34,500 33,500 Sales Cont of goods sold Gross margin Selling and administrative expenses i Selling expensen 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 earninga 10,000 13,500 23,500 11,000 600 10,400 4,160 6,240 380 5,860 28,160 $34,020 9,500 12,500 22.000 11,500 600 10,900 4,360 6.540 760 5,780 22,380 $20,160 Required: Compute the following financial data for this year. 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (.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 (.e., 0.1234 should be entered as 12.34):) % 1. Gross margin percentage 2. Net profit margin perontage 3. Return on total assets 4. Return on equity