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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $205,000 Cost of goods sold 57,400 Gross profit 147,600 Prepare a vertical analysis of the

Vertical Analysis

Income statement information for Einsworth Corporation follows:

Sales $205,000
Cost of goods sold 57,400
Gross profit 147,600

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 $205,000 %
Cost of goods sold 57,400 %
Gross profit $147,600 %

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