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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
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 2020 $ 80,000 $ 72,000 84,000 70,000 400,000 372,000 254,000 216,000 850,000 810,000 500,000 450,000 75,000 56,000 TPX Company's 2021 return on equity is (Round your answer to 1 decimal place.) 15.0% 21.4%. O 15.8% O 16.7%
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