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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $470,000 145,700 324,300 Prepare a vertical analysis of the

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Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $470,000 145,700 324,300 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 $470,000 % Cost of goods sold 145,700 Gross profit $324,300 %

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