40 Refer to the following selected financial information from Gomez Electronics. Compute the company's return on total assets for Year 2. Net sales Year 2 Year 1 $ 427,050 $ 482,500 Cost of goods sold 277,100 250,920 01:04:21 Interest expense 10,500 11,500 Net income before tax 68,050 53,480 Net income after tax 46,850 40,700 Total assets 318,700 292,800 Total liabilities 177,400 168,100 Total equity 141,300 124,700 Multiple Choice 22.3% 14.7%. 9.7%. 15.3%. 2.7%