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Vertical analysis Income statement information for Einsworth Corporation follows: Sales $569,000 Cost of goods sold Gross profit 210,530 358,470 Prepare a vertical analysis of the
Vertical analysis Income statement information for Einsworth Corporation follows: Sales $569,000 Cost of goods sold Gross profit 210,530 358,470 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 Line Item Description Amount Percentage Sales $569,000 % Cost of goods sold 210,530 Gross profit $358,470 %
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