Ziehart Pharmaceuticals reported Net Sales of $178,000 and Cost of Goods Sold of $58,000, Candy Electronics Corp. reported Net Sales of $36,000 and Cost of Goods Sold of $26,200. 1. Calculate the gross profit percentage for both companies (Round your answers to 1 decimal place.) Ziehart Pharmaceuticals Candy Electronics Corp Gross Profit % % 2. Which company has a greater proportion of its sales available to cover expenses other than cost of goods sold? Ziehart Pharmaceuticals Candy Electronics Corp