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Business, 09.07.2019 17:00 bri1710

Excerpts from hulkster company's december 31, 2018 and 2017, financial statements are presented below: 2018 2017 accounts receivable $ 52,000 $ 42,000 merchandise inventory 34,000 47,000 net sales 216,200 210,000 cost of goods sold 126,000 114,000 total assets 437,000 411,000 total shareholders' equity 252,000 231,000 net income 41,500 34,000 hulkster's 2018 return on shareholders' equity is:

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