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Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets

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Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 $ 82,000 89,000 420,000 257,000 825,000 505,000 71,000 2020 $ 76,000 79,000 381,000 219,000 790,000 425,000 52,000 TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) Multiple Choice 15.3% 14.1% 3.1% 15%

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