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Excerpts from Stealth Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receivable $40,000 $36,000 Inventory 28,000 35,000 Net sales

Excerpts from Stealth Company's December 31, 2018 and 2017, financial statements are presented below:

2018 2017
Accounts receivable $40,000 $36,000
Inventory 28,000 35,000
Net sales 190,000 186,000
Cost of goods sold 114,000 108,000
Total assets 425,000 405,000
Total stockholders equity 240,000 225,000
Net income 32,500 28,000

Stealth Company's 2018 profit margin is (rounded to one decimal place):

A) 7.6%.

B) 17.1%.

C) 13.5%.

D) 4.5%.

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