Data for Carey, Inc. and Fox Corp. follow: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare common-size income statements. (Round your answers to one decimal place, XX%.) Carey Versus Fox Common-Size Income Statement (Partial) Year Ended December 31 Net Sales Revenue Cost of Goods Sold Other Expenses Net Income Carey % Fox % % % % % % % Data table Carey Fox Net Sales Revenue $ 17,000 $ 24,000 Cost of Goods Sold 10,234 17,304 5,797 5,496 Other Expenses $ 969 $ 1,200 Requirement 2. Which company eams more net income? eams more net income Requirement 3. Which company's net income is a higher percentage of its net sales revenue? has a net income at a higher percentage of its net sales. Net Income Requirements 1. Prepare common-size income statements. 2. Which company earns more net income? 3. Which company's net income is a higher percentage of its net sales revenue?