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 $ 84,000 $ 74,000 89,000 73,000 420,000 383,000 263,000 223,000 845,000 755,000 505,000 420,000 71,000 55,000 TPX Company's 2021 gross profit ratio is: (Round your answer to one decimal place.) Multiple Choice o 42.4%. 37.4% 62.6% 46.4%. 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 $ 89,000 $ 82,000 92,000 79,000 440,000 384,000 259,000 218,000 815,000 760,000 505,000 430,000 70,000 53,000 TPX Company's 2021 return on assets is: (Round your answer to 1 decimal place.) Multiple Choice O 0.3%. 1.5% 8.6%. 8.9%. 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 $ 83,000 $ 74,000 86,000 73,000 460,000 376,000 261,000 217,000 830,000 780,000 495,000 425,000 72,000 51,000 TPX Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Choice O 3.3%. 1.6% 8.9%. 15.7%