Ziehart Pharmaceuticals reported Net Sales of $188,000 and Cost of Goods Sold of $63,000. Candy Electronics Corp. reported Net Sales of $46,000 and Cost of Goods Sold of $34,200. 1. Calculate the gross profit percentage for both companies. (Round your answers to 1 decimal place.) Ziehart Pharmaceuticals Candy Electronics Corp. Gross Profit 66.6% 25.9% 2. Which company has a greater proportion of its sales available to cover expenses other than cost of goods sold? Ziehart Pharmaceuticals O Candy Electronics Corp