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Income statement information for Einsworth Corporation follows: Sales $189,000 Cost of goods sold 62,370 Gross profit 126,630 Prepare a vertical analysis of the income statement

Income statement information for Einsworth Corporation follows:

Sales $189,000
Cost of goods sold 62,370
Gross profit 126,630

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
Sales $189,000 fill in the blank 1%
Cost of goods sold 62,370 fill in the blank 2
Gross profit $126,630 fill in the blank 3%

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