43.

Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below:

		2021			2020
Accounts receivable	$	86,000		$	82,000
Inventory		88,000			74,000
Net sales		480,000			377,000
Cost of goods sold		265,000			222,000
Total assets		815,000			750,000
Total stockholders' equity		505,000			435,000
Net income		71,000			58,000

TPX Company's 2021 return on equity is:

• 15.1%.

• 14.1%.

• 1.6%.

• 3.3%.