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Income statement information for Einsworth Corporation follows: Sales $296,000 Cost of goods sold 85,840 Gross profit 210,160 Prepare a vertical analysis of the income statement
Income statement information for Einsworth Corporation follows:
Sales | $296,000 | |
Cost of goods sold | 85,840 | |
Gross profit | 210,160 |
Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number.
Amount | Percentage | |
Sales | $296,000 | fill in the blank 1% |
Cost of goods sold | 85,840 | fill in the blank 2 |
Gross profit | $210,160 | fill in the blank 3% |
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