Compare Jeter and Azul by converting their income statements to common size Jeter Azul Net sales 10,
Compare Jeter and Azul by converting their income statements to common size Jeter Azul Net sales 10,200 $ 18,900 6,334 Cost of goods sold 13,740 3,234 4,234 Other expense 632 $ 926 Net income Which company earns more net income? Which company's net income is a higher percentage of its net sales? Prepare the common-sized financial analysis: (Round percentages to the nearest tenth percent.) Azul Jeter Amount Amount % Net sales 10,200 18,900 Cost of goods sold 6,334 13,740 4,234 3,234 Other expenses. % % 632 926 Net income %

