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Refer to the following selected financial Information from Gomez Electronics. Compute the company's return on total assets for Year 2 Net soles Cost of goods

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Refer to the following selected financial Information from Gomez Electronics. Compute the company's return on total assets for Year 2 Net soles Cost of goods sold Interest expense Tlet Income before tax Net Income after tax Total assets Total liabilities Total equity Year 2 Year 1 $478,500 $426, 250 276,300 250,120 9,700 10,700 67,250 52, 680 46,050 39,900 317,188 288,080 181,488 167,300 135,700 120, 700

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