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Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 $ 36,000 $ 40,000 Accounts receivable 28,000 35,000 Inventory
Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 $ 36,000 $ 40,000 Accounts receivable 28,000 35,000 Inventory Net sales 190,000 114,000 425,000 240,000 32,500 186,000 108,000 Cost of goods sold Total assets 405,000 225,000 28,000 Total stockholders' equity Net income Stealth Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Cholce 17.1%. 13.5%. 7.6%. 4.5%
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