Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $210,000 67,200 142,800 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 $210,000 Cost of goods sold 67,200 Gross profit $142,800

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Module 7 Problem Set
1. BE.14.06.ALGO
2. BE.14.05.ALGO
3. BE.14.11.ALGO
4. BE.14.08.ALGO
5. BE.14.02.ALGO
6. BE.14.04.ALGO
7. BE.14.09.ALGO
8. BE.14.03.ALGO
9. BE.14.10.ALGO
10. BE.14.01.ALGO
Vertical Analysis
Income statement information for Einsworth Corporation
follows:
Sales
Cost of goods sold
Gross profit
Prepare a vertical analysis of the income statement for
Einsworth Corporation. If required, round percentage answers
to the nearest whole number.
$210,000
67,200
142,800
Einsworth Corporation
Vertical Analysis of the Income Statement
Amount Percentage
$210,000
67,200
Sales
Cost of goods sold
Gross profit
$142,800
Transcribed Image Text:Module 7 Problem Set 1. BE.14.06.ALGO 2. BE.14.05.ALGO 3. BE.14.11.ALGO 4. BE.14.08.ALGO 5. BE.14.02.ALGO 6. BE.14.04.ALGO 7. BE.14.09.ALGO 8. BE.14.03.ALGO 9. BE.14.10.ALGO 10. BE.14.01.ALGO Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. $210,000 67,200 142,800 Einsworth Corporation Vertical Analysis of the Income Statement Amount Percentage $210,000 67,200 Sales Cost of goods sold Gross profit $142,800
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