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36 Excerpts from TPX Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receivable Inventory Net sales Cost of goods
36 Excerpts from TPX Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 87000 73,000 450,000 381,000 258,000 227,000 830,000 750,000 470,000 415,000 381,000 70,000 59,000 TPX Company's 2018 return on equity is: o 15.8% o 3.2% 14.9%. o 1.5%
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