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Income statement information for Einsworth Corporation follows: Sales $193,000 Cost of goods sold 48,250 Gross profit 144,750 Prepare a vertical analysis of the income statement

Income statement information for Einsworth Corporation follows:

Sales $193,000
Cost of goods sold 48,250
Gross profit 144,750

Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number.

blank Einsworth Corporation Vertical Analysis of the Income Statement
Amount Percentage
Sales $193,000 fill in the blank 1%
Cost of goods sold 48,250 fill in the blank 2
Gross profit $144,750 fill in the blank 3%

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