Accounting e following information was obtained from the income statements of Wilson Company and Sanchez Company to be used in tical analysis Income Statenent For Year Ended December 31, 2016 Sales Cost of Goods Sold Gross Profit Operating Expense Income before Taxes Income Tax Expense Net Income Wilson Company Sanchez Company 1,000,000 540,000 460,000 305,900 154,100 50,853 $ 103,247 $ 2,000,000 1,200,000 800,000 560,000 240,000 79,200 160,800 quired: . 1, Compute Wilson Company's Operating expenses as a percentage of sales 2 Compute Sanchez Company's Operating expenses as a percentage of sales. und your responses to two decimal places. 1. Wilson Company 2. Sanchez Company Clear Undo Help 0 Type here to search