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Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $552,000 187,680 364,320 Prepare a vertical analysis of the income statement
Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $552,000 187,680 364,320 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 $552,000 % Cost of goods sold 187,680 Gross profit $364,320 %
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