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The following are the income statements for A and B Companies. 9 1.66 points Revenue Cost of goods sold Gross margin Operating expenses Net income

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The following are the income statements for A and B Companies. 9 1.66 points Revenue Cost of goods sold Gross margin Operating expenses Net income A B $ 70,000 $ 76,000 49,000 49,000 21,000 30,400 9,500 12,500 $ 11,500 17,900 01:44:46 What are the net income percentages for the above companies? Multiple Choice 30%: 40% 1.83%; 170% 16.4%: 23.6% 6.09%: 4.25%

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