5.00 points MC Qu. 101 Excerpts from Stealth Company's December 31, Excerpts from Stealth Company's...
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Accounting
5.00 points MC Qu. 101 Excerpts from Stealth Company's December 31, 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 return on assets is (rounded to one decimal place) 71%. 78%. o 13.5%. o 44.7%
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