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17 4 points 01:27/11 Selected information from Polygon Company's December 31, 2021 and 2020 financial statements is presented below 2021 2020 Accounts receivable $80,000 $72,000

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17 4 points 01:27/11 Selected information from Polygon Company's December 31, 2021 and 2020 financial statements is presented below 2021 2020 Accounts receivable $80,000 $72,000 Inventory 84,000 70,000 Net sales 400,000 372,000 Cost of goods sold 254,000 216,000 Total assets 850,000 810,000 Total stockholders' equity 500,000 450,000 Net income 75,000 56,000 What is the company's profit margin for 2021? (Round your answer to 3 decimal places.) Multiple Choice 15.1% 9.0% 18.8% 19.4%

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