(1202 For the 2020 Statements of income of ABC Ltd. and XYZ Ltd. drag and drop the correct percentage in the common size column for each company ABC Ltd. XYZ Ltd. 2020 Common 2020 Common size size Net sales $300.000 $2,000,000 Cost of goods sold $200,000 $1.000.000 Operating expenses $50,000 $700,000 Net income $50.000 $300,000 Drag and drop the correct company name after each question 1. Which company has the lower gross margin percentage? 2. Which company has the higher profit margin percentage? 15 0% 167% 35 0% 50 0% 66.7% 100.0% ABC Ltd XYZ Ltd