50 POINTS!!! Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below:

2021 2020
Accounts receivable $ 83,000 $ 75,000
Inventory 95,000 72,000
Net sales 480,000 377,000
Cost of goods sold 257,000 223,000
Total assets 825,000 750,000
Total stockholders' equity 480,000 455,000
Net income 80,000 51,000

TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.)

Multiple Choice

1.4%.

3.1%.

17.1%.

16.7%.

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer