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Ramirez Rosario Net Sales Revenue $ 8,000 Cost of Goods Sold 4,888 2,624 $ 21,000 15,141 4,788 Other Expenses $ 488 $ 1,071 Net Income

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Ramirez Rosario Net Sales Revenue $ 8,000 Cost of Goods Sold 4,888 2,624 $ 21,000 15,141 4,788 Other Expenses $ 488 $ 1,071 Net Income i 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

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