14 12.00768 11.01086 100224 10.28613 580 7.22 219 - locompute the Multiple Enterprises, Inc. Selected figures from the Balance Sheet and Income Statement of Multiple Enterprises, Inc. are shown below. (Compute answer accurate to two decimal places.) From the Balance Sheet From the Income Statement Cash $ 514,800 Net Sales $1,900,000 Accounts Receivable $ 324,000 Cost of Goods Sold $ 796,000 Merchandise Inventory: Net Income $ 240,000 End of this year $ 498,000 $ 432,000 Total Current Assets $ 1,336,800 Total Current Liabilities $ 269,200 Total Stockholders' Equity $ 1,292,800 End of last year which was to be withly martie Tagy: is fused on auch up to $1.250 16.% and ww30 12. Refer to Multiple Enterprises, Inc. Compute the relationship of net income to net sales. Express your answer as a percentage. a. 12.63% b. 1.26% c. 11.45% d. 7.98% 13. Refer to Multiple Enterprises, Inc. Compute the rate of return on investment. Express your answer as a percentage. a. 30.15% b. 17.95% c. 22.63% d. 18.56% Turner's Toys, Inc