Compare the two companies by converting their condensed income statements to common-size statements. Which company earned more net income? Which company's net income was a higher percentage of its net sales? Explain your answer Begin by converting the condensed income statements to common size. (Round your answers to the nearest one-tenth of a percent, X.X%.) X i Data Table (In millions) Korrey Alexa Amount Percent Amount Percent $ 15,500 % 8,500 % (In millions) Alexa Net sales Cost of goods sold Selling and administrative expenses Korrey 15,500 $ 9,099 % 5,593 % $ 8,500 4,433 % 1,717 % 9,099 5,593 Interest expense 16 % 68 % Net sales Cost of goods sold Selling and administrative expenses Interest expense 4,433 1,717 Other expenses 78 % 68 % 16 68 558 204 Income tax expense % % Other expenses 78 68 $ 1,316 $ 850 558 204 Net income % % Income tax expense $ 1,316 $ 850 Net income