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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 810,000 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 Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Current assets: 2,546 2,770 15e Accounts receivable, net Inventory Prepaid expenses 12,400 12e 22,280 Total current assets Property and equipment: 26,506 Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: 19,300 25,400 $51,906 25,200 $47,480 Accounts payable 9,600 8,350 750 Accrued liabilities 620 Notes payable, short term Total current liabilities Long-term liabilities 410 Bonds payable Total 1liabilities Stockholders' equity: 16,780 Common stock 810 Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 30,066 35,12681 828 51,906 $47,480 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year $80,000 $75,0 Sales Cost of goods sold 52,500 48,500 26,500 27,500 8,600 20,700 750 s margin Selling and administrative expenses: ,1e0 12 260 11,100 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 19,200 7,300 750 324 1682 3,282 23.478 30,066 $26,76 Required: Compute the following financial data for this year 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 (i.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).) | 3440% 45.90 Gross margin percentage Net profit margin percentage 2. 3. Return on total assets 4 Return on equity 10 84 -96

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