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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $422,000 135,040 286,960 Prepare a vertical analysis of the

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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $422,000 135,040 286,960 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 $422,000 % Sales 135,040 % Cost of goods sold Gross profit $286,960 %

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