Refer to the following selected financial information from Gomez Electronics. Compute the company's profit margin for Year 2. Year 2 Year 1 Net sales Cost of goods sold Interest expense Net income before tax 276,500 $479,500 $426,450 250,320 9,900 10,900 67,450 52,880 Net income after tax 46,250 40,100 35:43 Total assets 317,500 289,200 Total liabilities 180,400 167,500 Total equity 137,100 121,700 MC Graw Multiple Choice 11.7% 9.7% 33.7% 14.7% Prev 9.of 22 Next >