Click Submit to complete this assessment. > Question 10 Neef Corporation has provided the following financial data from its balance sheet and income statement Total assete total stockholders' equity Year 2 1,302,000 $ 885,000 1,330,000 $ 880,000 Incone Statenent For the Year Ended Decenber 31, Year 2 sales (all on account) $1,420,000o Cost of goods sold 890,00 Gross nargin 30,000 493.000 37,000 17,000 20,000 7,000 S 13.000 Operating expenses set operating inoone Interest expense Net income before taxes Iscone taxes (35) Net incone The company's return on equity for Year 2 is closest to: O 67.25% 2.27% 1 ,47% 04.19% cick Submit to complete this assessment. 2 3 4