Exercise 3-18A (Algo) Using common size statements and ratios to make comparisons LO 3-8 At the end of Year 5 the following information is available for Billings and Phoenix companies: Required: a. Prepare common size income statements for each company. b. One company is a high-end retaller, and the other operates a discount store. Which is the discounter? Complete this question by entering your answers in the tabs below. Prepare common size income statements for each company. Note: Round your percentage answers to 1 decimal place. Complete this question by entering your answers in the tabs below. One company is a high-end retailer, and the other operates a discount store. Which is the discounter