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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
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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