just answer the blanks

Compare Home Mart Corp, and Away Inc. (Click the icon to view the income statement Information.) 1. Convert their income statements to common size 2 Which company earns more net income? 3. Which company's net income is a higher percentage of His net sales? 1. Convert the income statements to common sizo. (Round all percentages to one decimal placo, X.X%.) Home Mart Corp. and Away Inc. Common Suze Income Statements Income statement Information Home Mart Corp Away Inc X Net sales Cost of goods sold Other expenses Net sales Cost of goods sold (Amounts in thousands) Home Mart Corp Away Inc. 20,000 $ 60,000 12,000 33,000 6,800 24,900 1,200 $ 2.100 Net income Other expenses Net income Print Done Enter any number in the edit fields and then click Check Answer. Air Congo reported the following income statement information: (In millns) 2016 2016 2014 Net sales $ 14,630 S 13,832 S 13,264 Cost of sales 11,030 10,413 9,576 Perform a horizontal analysis of net salos, cost of sales, and gross margin, both in dollar amounts and in percentages, for 2016 and 2015. (Round the percentages to two decimal places, X.XX%. Enter negative numbers with a minus signior parentheses.) Air Congo Horizontal Analysis of Comparative Income Statement (adapled) For the Years Ended December 31, 2016 and 2015 Increase (Decrease) (Amounts in millons) 2016 2015 2016 2016 2014 Amount % Amount % Net sales 14,630 $ 13,832 $ 13,264 Cost of sales 11,030 10,413 9,576 Gross margin