Question & Answer: Excerpts from Hulkster Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 A…..

Excerpts from Hulkster Company’s December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders’ equity Net income $ 62,000 47,000 57,000 251,000 119,000 416,000 236,000 39,000 39,000 261,600 136,000 447,000 262,000 49,000 Hulkster’s 2018 return on shareholders’ equity is: (Round your answer to 1 decimal places.)