the last answer choice is 61.9%

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 $ 81,000 $ 75,000 91,000 78,000 420,000 376,000 260,000 217,000 825,000 790,000 475,000 455,000 72,000 52,000 TPX Company's 2021 gross profit ratio is: (Round your answer to one decimal place.) Multiple Choice 43.1% 47.1% 38.1%