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Using the income statement information for Einsworth Corporation that follows, prepare a vertical analysis of the incorne statement for Einsworth Corporation Einsworth Corporation Income Statement
Using the income statement information for Einsworth Corporation that follows, prepare a vertical analysis of the incorne statement for Einsworth Corporation Einsworth Corporation Income Statement Amount Percentage Sales 3 Cost of goods sold 4Gross profit 1,200,00000 780,000.00 $420,00000 A company reports the following: Sales Average eccounts receivable (net) Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to on $3,150,000 210,000 decimal place. Assume a 365-day year . Accounts receivable turnover b. Number of days" sales in receivables days
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