A company earned a net income of $500,000 with sales of $2,500,000 for the year 2016. If the asset turnover ratio of the firm is 0.4, and the financial leverage is 1.3, then the return on equity of the firm is closest to: a) 10.4%. b) 26.2%. OC) 19%. Question 30 (1 point) A company has reported the following for the year 2015: Revenue $500,000 Expenses $250,000 Dividends Paid $40,000 Gains from Available-for-sale Securities $24,000 Loss on Foreign Currency Transactions $2,100 The company's total comprehensive income for the year 2015 is closest to: a) $21,900 b) $231,900. c) $271,900