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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold $1,500,000 900,000 600,000 Gross profit Prepare a vertical analysis of the

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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold $1,500,000 900,000 600,000 Gross profit 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 $1,500,000 100% Cost of goods sold 900.000 Gross profit $600,000

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