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2021 2020 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets $ 60,000 38,000 $ 46,000 55,000 212,000 200,000 134,000 118,000 445,000

2021 2020 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets $ 60,000 38,000 $ 46,000 55,000 212,000 200,000 134,000 118,000 445,000 415,000 Total shareholders' equity Net income. 260,000 235,000 47,500 38,000 Hulkster's 2021 return on shareholders' equity is: (Round your answer to 1 decimal places.) Multiple Choice 22.4%. 19.2% 17.9% Hulkster's 2021 return on shareholders' equity is: (Round your answer to 1 decimal places.) Multiple Choice 22.4%. 19.2%. 17.9%. 9.7%

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