Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $243,000 Cost of goods sold 68,040 Gross profit 174,960 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. blankEinsworth CorporationVertical Analysis of the Income Statement Amount Percentage Sales $243,000 fill in the blank 1% Cost of goods sold 68,040 fill in the blank 2 Gross profit $174,960 fill in the blank 3%
Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $243,000 Cost of goods sold 68,040 Gross profit 174,960 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. blankEinsworth CorporationVertical Analysis of the Income Statement Amount Percentage Sales $243,000 fill in the blank 1% Cost of goods sold 68,040 fill in the blank 2 Gross profit $174,960 fill in the blank 3%
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.1E
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Vertical Analysis
Income statement information for Einsworth Corporation follows:
| Sales | $243,000 | |
| Cost of goods sold | 68,040 | |
| Gross profit | 174,960 |
Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number.
blankEinsworth CorporationVertical Analysis of the Income Statement
| Amount | Percentage | |
| Sales | $243,000 | fill in the blank 1% |
| Cost of goods sold | 68,040 | fill in the blank 2 |
| Gross profit | $174,960 | fill in the blank 3% |
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