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Excerpts from TPX Company's December 31, 2018 and 2017, financial statements are presented below Accounts recelvable Inventory Net sales Cost of goods sold Total assets

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Excerpts from TPX Company's December 31, 2018 and 2017, financial statements are presented below Accounts recelvable Inventory Net sales Cost of goods sold Total assets 2018 2017 $83,000 $78,000 91,000 76,000 500,000 381,000 256,000 221,000 505,000 415,000 60,000 74,000 Net income TPX Company's 2018 return on equity is: o 161%. o 31%. o 14.7% 1 5%

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