Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers are in millions): 2021 $ 20 $ 115 $ 60 $ 20 5.22 10.3% 2.36 2020 $ 16 $ 100 $ 55 $ 17 Accounts receivable (net) Net sales Cost of goods sold Net income Inventory turnover Return on assets Equity multiplier Dowling's 2021 profit margin is (rounded): 18.5%. 17.4% 16.5% 18.0%