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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 Multiple Choice TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) O O O O 3.1%. 1.5%. 17.0%. 2021 2020 $82,000 $82,000 72,000 93,000 460,000 380,000 258,000 226,000 810,000 765,000 435,000 51,000 16.0%. 495,000 79,000
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