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Below is information for two companies presented as common size statements: Blue Company Green Company Sales 100% 100% Cost of Goods Sold 45% 49%

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Below is information for two companies presented as common size statements: Blue Company Green Company Sales 100% 100% Cost of Goods Sold 45% 49% Gross Profit 55% 51% Operating Expenses 35% 28% Net Income 20% 23% Based on the above information, which statement is true?: Blue Company is more profitable Blue Company has better control over their operating expenses Green Company sells a more profitable product Green Company has better control over their operating expenses

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