Sole Occhiali Group, an Italian company that sells sunglasses, reported Net Sales of $193,000 and Cost of Goods Sold of $65,600. Candy Electronics Corp. reported Net Sales of $51,000 and Cost of Goods Sold of $38,200.

a.

Calculate the Gross Profit Percentage for both companies. (Round your answers to 1 decimal place.)

b.

Which company has a greater proportion of its sales available to cover expenses other than cost of goods sold?

a-	Sole Occhiali Group
b-	Candy Electronics Corp.