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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $565,000 Cost of goods 141,250 sold Gross profit 423,750 Prepare a vertical analysis of
Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $565,000 Cost of goods 141,250 sold Gross profit 423,750 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 $565,000 % Cost of goods sold 141,250 Gross profit $423,750 % Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $530,400 Long-term liabilities 204,000 Total liabilities 142,800 Total stockholders' equity 714,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. a. Ratio of fixed assets to long- term liabilities b. Ratio of liabilities to stockholders' equity
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