Vertical Analysis

Income statement information for Einsworth Corporation follows:

Sales $493,000

Cost of goods sold. 162,690

Gross profit 330,310

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 $493,000 ________%

Cost of goods sold 162,690 ________%

Gross profit $330,310 ________%