20 pts Gestion Help Constance Company and Alexandra Corporation are competitors Click the icon to view the income statements) Compare the two companies by converting their condensed income statements to common size statements which company corned more ret tricome? Which company's net income was a higher percentage of its net sales? Explain your answer Begin by converting the condensed income statements to common size. (Round your answer to the nearest one tonth of a percent XX%) (In millions) Constance Alexandra Amount Percent Amount Percent Net sales $ 15.500 $ 7.000 Cost of goods sold 9,099 4.774 Selling and administrative expenses 4.4 1358 Interest expense 124 Other expenses 31 14 Income tax expense 713 1.069 574 Net income % 5 ny and Alexa to view the il Data Table ompanies by me was a hi - the conder (In millions) Constance Alexandra $ 15,500 $ 7,000 9.099 4,774 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other expenses 4,464 1,358 124 56 trative ex 14 Income tax expense 31 713 224 Net income $ 1,069 $ 574 Print Done