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Compare Martinez and Rojo by converting their income statements to common size. $ Net sales Cost of goods sold Other expense Net income Martinez 10,900

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Compare Martinez and Rojo by converting their income statements to common size. $ Net sales Cost of goods sold Other expense Net income Martinez 10,900 $ 6,660 3,564 676 $ Rojo 19,536 14,203 4,356 $ 977 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 % % Net sales Cost of goods sold. Other expenses. % Amount $ 10,900 6,660 3,564 Rojo Amount % $ 19,536 % 14,203 % 4,356 % % $ 676 977 Net income % %

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