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value: 5.00 points MC Qu. 102 Excerpts from Stealth Company's December 31, 2018 and 2. Excerpts from Stealth Company's December 31, 2018 and 2017, financial
value: 5.00 points MC Qu. 102 Excerpts from Stealth Company's December 31, 2018 and 2. Excerpts from Stealth Company's December 31, 2018 and 2017, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2018 $40,000 28,000 190,000 114,000 425,000 240,000 32,500 2017 $36,000 35,000 186,000 108,000 405,000 225,000 28,000 Stealth Company's 2018 profit margin is (rounded to one decimal place): o 13.5%. 7.6%. 4.5%
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