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Compare Jeter and Azul by converting their income statements to common size Jeter Azul Net...

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Accounting

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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 %

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