Question
ncome statement information for Einsworth Corporation follows: Sales $473,000 Cost of goods sold 170,280 Gross profit 302,720 Prepare a vertical analysis of the income statement
ncome statement information for Einsworth Corporation follows:
| Sales | $473,000 | |
| Cost of goods sold | 170,280 | |
| Gross profit | 302,720 |
Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number.
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The Principles And Practice Of Auditing
Authors: George Puttick, Sandra Van Esch
7th Edition
0702137723, 978-0702137723
