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Income statement information for Einsworth Corporation follows: Sales $422,000 Cost of goods sold 122,380 Gross...

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Income statement information for Einsworth Corporation follows: Sales $422,000 Cost of goods sold 122,380 Gross profit 299,620 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 $422,000 % Cost of goods sold 122,380 Gross profit $299,620 %

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