The managerial accountant at the Selma Manufacturing presented the following information at a meeting: Selma Manufacturing Income Statement: Vertical Analysis Company A Company B Sales revenues 100% 100% ess: Cost of goods sold 23% 21% Gross profit 77% 79% ess: Operating expenses 16% 24% Operating income 61% 55% ess: Interest expense 3% 4% Income before income taxes 58% 51% Less: Income tax expense 39% 4% Net income 55% 47% Which company is more profitable based on this common - size statement? O A. Company B O B. Company A O C. Company A and B are equally profitable () D. Cannot determine from information aiven