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 2820 $ 84,eee $ 75, een 92,eee 71, eee 480,000 383,800 263, ege 218,eee 800, eee 765, eee 475, een 420, eee 74, eee 56,eee TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) Multiple Choice O 1.5%. O 15.65 3.2% 18.54 Given the information below, what is the company's gross profit? Sales Revenue Accounts Receivable Ending Inventory Cost of Goods Sold Sales Returns $380,000 $ 53, eee $196,800 $235, eee $ 24,00 Multiple Choice $121,000. $264.000 $122.000 $145,000 Richard's Sporting Goods reports net Income of $130.000, net sales of $600.000, and average assets of $1.200,000. The return on assets is: Multiple Choice 21.796 O 50.09. 4.6 times. 10.99 Richard's Sporting Goods reports net income of $160,000, net sales of $580.000, and average assets of $1.970,000. The asset turnover is: Multiple Choice 0.3 times 12.3 times. O 3.4 times 0.1 times