Refer to the following selected financial information from Gomez Electronics. Compute the company's return on total assets for Year 2.

	Year 2			Year 1
Net sales	$	478,500		$	426,250
Cost of goods sold		276,300			250,120
Interest expense		9,700			10,700
Net income before tax		67,250			52,680
Net income after tax		46,050			39,900
Total assets		317,100			288,000
Total liabilities		181,400			167,300
Total equity		135,700			120,700

Multiple Choice

• 9.6%.

• 15.2%.

• 2.6%.

• 22.2%.

• 14.5%.