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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $305,000 Cost of goods sold 73,200 Gross profit 231,800 Prepare a vertical analysis of the
Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $305,000 Cost of goods sold 73,200 Gross profit 231,800 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 $305,000 % Cost of goods sold 73,200 Gross profit $231,800 /o
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