Vertical Analysis

Income statement information for Einsworth Corporation follows:

Sales	$344,000
Cost of goods sold	106,640
Gross profit	237,360

Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number.

blank Einsworth Corporation Vertical Analysis of the Income Statement

	Amount	Percentage
Sales	$344,000	fill in the blank 1%
Cost of goods sold	106,640	fill in the blank 2
Gross profit	$237,360	fill in the blank 3%