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Refer to the following selected financial information from Gomez Electronics Compute the company's profit margin for Year 2 36 00:57:45 Net sales Cost of goods

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Refer to the following selected financial information from Gomez Electronics Compute the company's profit margin for Year 2 36 00:57:45 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity Year 2 $484,500 277,500 10,900 68,450 47,250 319,500 175,480 144, 100 Year 1 $427,450 251,320 11,900 53,880 41,100 295, 200 168,500 126,700 3 1 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity $484,500 $427,450 277,500 251,320 10,900 11,900 68,450 53, 880 47,250 41,100 319,500 295,200 175,400 168,500 144, 100 126,700

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