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Excerpts from Hulkster Company's December 31, 2024 and 2023, financial statements are presented below. Accounts receivable 2024 2023 $ 74,000 $ 53,000 Merchandise inventory 45,000

Excerpts from Hulkster Company's December 31, 2024 and 2023, financial statements are presented below. Accounts receivable 2024 2023 $ 74,000 $ 53,000 Merchandise inventory 45,000 69,000 Net sales 317,500 311,000 Cost of goods sold 148,000 125,000 Total shareholders' equity Total assets Net income Hulkster's 2024 return on assets is closest to: 459,000 422,000 274,000 242,000 58,000 45,000 Multiple Choice 13.2%. 11.4%. 69.2%. 21.2%

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