Multiple Choice Question Alpha Manufacturing has a cost of goods sold of $70 million, net income of $4 million, and total sales of $100 million. On the other hand, Omega Industries has a cost of goods sold of $7 million, net income of $1 million, and total sales of $10 million. Based on an analysis of the common-size financial statements of the companies, which of the following statements is correct? O Omega is more profitable since it has a profit margin of 4%. O Alpha is more profitable since it has a profit margin of 4%. O Omega is more profitable since it has a profit margin of 10%. O Alpha is more profitable since it has a profit margin of 9%