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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

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 has lower sales

Blue Company has better control over their operating expenses

Green Company has higher sales

Green Company sells a more profitable product

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