value: 0.30 points Excerpts from Stealth Company's December 31, 2018 and 2017, financial statements are presented below: 2017 2018 $40,000 $36,000 Accounts recelvable Inventory 28,000 35,000 190,000 Net sales 186,000 Cost of goods sold Total assets Total stockholders' equity 108,000 405,000 114,000 425,000 240,000 225,000 Net Income 32,500 28,000 Stealth Company's 2018 gross profit ratio is: 77.1% 80.0% 40.0% 60.0%