Question: Module 7 Problem Set eBook Show Me How Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $420,000 Cost of goods sold 117,600 Gross

Module 7 Problem Set eBook Show Me How Vertical Analysis Income

Module 7 Problem Set eBook Show Me How Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $420,000 Cost of goods sold 117,600 Gross profit 302,400 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 $420,000 % Cost of goods sold 117,600 Gross profit $302,400 %

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