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2. PE.17-02.ALGO (Algorithmic) Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold 142,450 Gross profit $385,000 242,550 Prepare a vertical

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2. PE.17-02.ALGO (Algorithmic) Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold 142,450 Gross profit $385,000 242,550 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement Amount Percentage $385,000 142,450% Sales Cost of goods sold Gross profit $242,550

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