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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $600,000 192,000 Cost of goods sold Gross profit 408,000 Prepare a vertical analysis of the

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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $600,000 192,000 Cost of goods sold Gross profit 408,000 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 $600,000 % Cost of goods sold 192,000 Gross profit $408,000 %

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