Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $534,000   Cost of goods sold 192,240   Gross profit 341,760   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 $534,000 % Cost of goods sold 192,240   Gross profit $341,760 %

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Chapter1: Financial Statements And Business Decisions
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Vertical Analysis

Income statement information for Einsworth Corporation follows:

Sales $534,000  
Cost of goods sold 192,240  
Gross profit 341,760  

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 $534,000 %
Cost of goods sold 192,240  
Gross profit $341,760 %
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