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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $200,000 Cost of goods sold 58,000 Gross profit 142,000 Prepare a vertical analysis of the

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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $200,000 Cost of goods sold 58,000 Gross profit 142,000 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 $200,000 58,000 Percentage % Sales Cost of goods sold 19 Gross profit $142,000

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