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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $280,000 103,600 176,400 Prepare a vertical analysis of

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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $280,000 103,600 176,400 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 Sales Amount Percentage $280,000 % Cost of goods sold 103,600 Gross profit $176,400 %

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