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Data for Gomez, Inc. and Fox Corp. follow (Click the icon to view the data) Read the requirements Requirement 1. Prepare common-size income statements. (Round

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Data for Gomez, Inc. and Fox Corp. follow (Click the icon to view the data) Read the requirements Requirement 1. Prepare common-size income statements. (Round your answe Requirements Gomez Versus Fox Common-Size Income Statement (Partial) Year Ended December 31 Gomez Fox 1. Prepare common-size income statements. 2. Which company earns more net income? 3. Which company's net income is a higher percentage of revenue? % Net Sales Revenue Cost of Goods Sold 96 96 % 90 Other Expenses Net Income % Print Done Data table - X to Fox Net Sales Revenue Gomez 11,000 $ $ 25,000 Cost of Goods Sold 6.622 3.696 Other Expenses 18,025 5,725 Net Income S 682 $ 1.250 Print Done 1 a

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