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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

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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 $ 76,000 46,000 312,000 150,000 461,000 276,000 59,500 2020 $ 54,000 71,000 307,000 126,000 423,000 243,000 46,000 Hulkster's 2021 profit margin is (rounded): (Round your answer to 1 decimal places.) Hulkster's 2021 profit margin is (rounded): (Round your answer to 1 decima Multiple Choice 7.4%. 21.6%. 19.1%. 12.9%

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