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Make vertical analysis of income statement for einsworth

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Reference no: EM132971562

Vertical AnalysisIncome statement information for Einsworth Corporation follows:

Sales $369,000

Cost of goods sold $114,390

Gross profit $254,610

Problem 1: 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 $369,000

Cost of goods sold $114,390

Gross profit $254,610

Reference no: EM132971562

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