Compare Martinez and Alioto by converting their income statements to common size. Alioto 19,536 Net sales. ... $ Cost of goods sold. ................... Martinez 10,200 $ 6,334 3,244 13,988 4,552 Other expense. ...... 622 $ 996 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.) Martinez Alioto Amount % % $ Net sales.. ... $ Cost of goods sold. ................... 10,200 6,334 3,244 Amount 19,536 13,988 4,552 Other expenses......... 622 996 Net income Which company earns more net income? Which company's net income is a higher percentage of its net sales? earns more net income. has a net income at a higher percentage of net sales