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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 2020 $ 86,000 $ 80,000 91,000 74,000 430,000 374,000 265,000 225,000 845,000 760,000 495,000 450,000 78,000 59,000 TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) Multiple Choice 16.5%. 15.8%. 1.5%. O 3.2%

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