A company's year-end selected financial data is shown below. Year 2 Year 1 Current assets $250,000 $175,000 Total assets 600,000 500,000 Total liabilities 300,000 225,000 Net sales 200,000 150,000 Net income 75,000 60,000 The company's rate of return on assets and rate of return on equity for Year 2 are A. 14% and 26%, respectively. B. 36% and 25%, respectively. C. 12% and 22%, respectively. D. 13% and 25%, respectively