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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $304,000 79,040 Cost of goods sold Gross profit 224,960 Prepare a vertical analysis of the
Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $304,000 79,040 Cost of goods sold Gross profit 224,960 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 $304,000 % 79,040 % Cost of goods sold Gross profit $224,960 %
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