Data for Gomez, Inc. and Verde 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%.) Gomez Versus Verde Common-Size Income Statement (Partial) Year Ended December 31 Gomez % Verde % -X Data Table Net Sales Revenue % % Gomez Verde Cost of Goods Sold % % Net Sales Revenue $ 17,000 $ 21,000 Other Expenses % % Cost of Goods Sold 10.557 5,389 15,015 4,914 Net Income % % Other Expenses Requirement 2. Which company earns more net income? $ 1,054 $ 1,071 Net Income earns more net income Print Done 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. 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? Print Done