Please answer the following questions.

Question #1)

Vertical analy Using the income statement information for Einsworth Corporation that foiiows, prepare a verticai anaiysis of the income statement for Einsworth Corporation. Einsworth Corporation Income Statement 1 Amount Percentage 2 Sales $1,200,000.00 100.0% 3 Cost of goods sold 780,000.00 4 Gross prot $420,000.00 Current Position Analysis The following items are reported on a company's balance sheet: Cash $210,000 Marketable securities 120,000 Accounts receivable (net) 110,000 Inventory 160,000 Accounts payable 200,000 Determine (a) the current ratio and (b) the quick ratio. Round your answers to one decimal place. :1 :1 a. Current ratio b. Quick ratio Accounts Receivable Analysis A company reports the following: Sales $3,150,000 Average accounts receivable (net) 210,000 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and nal answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover :] b. Number of days' sales in receivables days