Clearview Company and Jakes 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 earned more net income? 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 answers to the nearest one$-$tenth of a percent, X$.$X$\%.$ Do not enter the $\%$ symbol in any of the input fields.$)$

$\backslash$table$[[\backslash$table$[[($In millions$)],[$Net sales$]],$Clearview,Jakes$],[$Amount$,$Percent,Amount,Percent$],[$$$,18,000,\%,$$$,7,000,,\%$