Accounting question

Homework: Assignment 3 (Due June 20 @ 11:55 PM) Score: 0 of 1 pt 13 of 15 (0 complete) Starter 18-5 (similar to) Compare Retro Pro Corp. and House World Inc. (Click the icon to view the income statement information.) 1. Convert their income statements to common size. 2. Which company earns more net income? 3. Which company's net income is a higher percentage of its net sales? 1. Convert their income statements to common size. (Round all percentages to one decimal place, X.X%.) Retro Pro Corp. and House World Inc. Common-Size Income Statements Income statement information - X Retro Pro House World Corp. Inc Net sales (Amounts in thousands) Retro Pro Corp. House World Inc. Cost of goods sold Net sales 35.000 $ 65.000 Other expenses Cost of goods sold 21,000 39,000 Net income Other expenses 11,900 23,400 Net income 2. 100 $ 2.600 Print Done Enter any number in the edit fields and then click Check Answer. parts remaining Clear All