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Sole Occhiali Group, an Italian company that sells sunglasses, reported Net Sales of $196,000 and Cost of Goods Sold of $67, 200. Candy Electronics Corp.

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Sole Occhiali Group, an Italian company that sells sunglasses, reported Net Sales of $196,000 and Cost of Goods Sold of $67, 200. Candy Electronics Corp. reported Net Sales of $54,000 and Cost of Goods Sold of $40, 600. Calculate the Gross Profit Percentage for both companies. (Round your answers to 1 decimal place.) Which company has a greater proportion of its sales available to cover expenses other than cost of goods sold? Sole Occhiali Group Candy Electronics Corp

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