FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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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