Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $276,000 Cost of goods sold 66,240 Gross profit 209,760 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 $276,000 fill in the blank % Cost of goods sold 66,240 fill in the blank % Gross profit $209,760 fill in the blank %
Vertical Analysis Income statement information for Einsworth Corporation follows: Sales $276,000 Cost of goods sold 66,240 Gross profit 209,760 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 $276,000 fill in the blank % Cost of goods sold 66,240 fill in the blank % Gross profit $209,760 fill in the blank %
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 | $276,000 | |
| Cost of goods sold | 66,240 | |
| Gross profit | 209,760 |
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 | $276,000 | fill in the blank % |
| Cost of goods sold | 66,240 | fill in the blank % |
| Gross profit | $209,760 | fill in the blank % |
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