a. 17.1%.

b. 14.0%

c. 12.6%

d. 7.1

a. $303.

b. $272.

c. $286.

d. $206.

a. $140,000.

b. $133,000.

c. $126,000.

d. $130,000.

Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2021 $ 40,000 $ 28,000 190,000 114,000 425,000 240,000 32,500 2020 $ 36,000 35,000 186,000 108,000 405,000 225,000 28,000 Hulkster's 2021 return on shareholders' equity is (rounded): Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $268 169 10 Surgical Supplies $123 94 10 Rehab Equipment $333 286 30 Rehab Supplies $155 154 8 In applying the lower of cost or net realizable value rule, the inventory of rehab equipment would be valued at: Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Selling price Cost Replacement cost Sales commission Skis $180,000 128,000 120,000 10% Boots $140,000 133,000 130,000 10% Apparel $120,000 90,000 110,000 10% Supplies $60,000 45,000 41,000 10% In applying the lower of cost or net realizable value rule, the inventory of boots would be valued at