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Excerpts from Hulkster Company's December 31, 2024 and 2023, financial statements are presented below: 2024 Accounts receivable $ 40,000 2023 $ 36,000 Merchandise inventory
Excerpts from Hulkster Company's December 31, 2024 and 2023, financial statements are presented below: 2024 Accounts receivable $ 40,000 2023 $ 36,000 Merchandise inventory 28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets Total shareholders' equity. .Net income 425,000 405,000 240,000 225,000 32,500 28,000 Hulkster's 2024 return on assets is closest to: Multiple Choice 13.5%. 7.1%. 47.7%.. 7.8%.
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