Income statement information for Einsworth Corporation follows: Sales $433,000 Cost of goods sold 160,210 Gross profit 272,790 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. blankEinsworth CorporationVertical Analysis of the Income Statement Amount Percentage Sales $433,000 fill in the blank 1% Cost of goods sold 160,210 fill in the blank 2 Gross profit $272,790 fill in the blank 3%

Income statement information for Einsworth Corporation follows: Sales $433,000 Cost of goods sold 160,210 Gross profit 272,790 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. blankEinsworth CorporationVertical Analysis of the Income Statement Amount Percentage Sales $433,000 fill in the blank 1% Cost of goods sold 160,210 fill in the blank 2 Gross profit $272,790 fill in the blank 3%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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