Question: Data for Martinez, Inc., and Rosado, Corp., follow: Requirements 1. Prepare common-size income statements. 2. Which company earns more net income? 3. Which companys net

Data for Martinez, Inc., and Rosado, Corp., follow:

Requirements
1. Prepare common-size income statements.
2. Which company earns more net income?
3. Which company€™s net income is a higher percentage of its netsales?

Rosado Martincz Net sales. Cost of goods sold Other expenses 10,600 $ 6,455 3,541 2$ 18,600 13,522 4,185 Net income.. 604 $ 893 1%24

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