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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $294,000 Cost of goods sold Gross profit 85,260 208,740 Prepare a vertical analysis of
Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $294,000 Cost of goods sold Gross profit 85,260 208,740 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 $294,000 % Cost of goods sold 85,260 Gross profit $208,740 %
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