Compare Gomez and Bajo by converting their income statements to common size Bajo Net sales .................... .......$ 16,540 Gomez 10,600 $ 6,381 3,583 Cost of goods sold Other expense 12,025 3,705 810 636 $ Net income Which company earns more net income? Which company's net income is a higher percentage of its net sales? % Prepare the common-sized financial analysis: (Round percentages to the nearest tenth percent.) Gomez Bajo Amount % Amount Net sales ................$ 10,600 % $ 16,540 Cost of goods sold ......... 6.381 % 12,025 3,583 Other expenses 636 Net income __ $ 810 3,705