Compare Martinez and Bajo by converting their income statements to common size. Net sales Cost of goods sold Other expense Net income Martinez Bajo Next question $ 10,900 $ 17,400 6,638 12,545 3,619 4,002 643 $ 853 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.) Net sales Cost of goods sold Other expenses Net income Martinez Bajo Amount % Amount % 10,900 % $ 17,400 % 6,638 12,545 % 3,619 % 4,002 % $ 643 853 % % 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.