Company A 100% 23% Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes Less: Income tax expense Net income 77% 16% 61% Company B 100% 21% 79% 24% 55% 4% 51% 4% 47% 3% 58% 3% 55% Which company is more profitable based on this common - size statement? O A. Company B OB. Company A OC. Company A and B are equally profitable OD. Cannot determine from information given