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ncome statement information for Einsworth Corporation follows: Sales $578,000 ...

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Accounting

ncome statement information for Einsworth Corporation follows:

Sales $578,000
Cost of goods sold 184,960
Gross profit 393,040

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 $578,000 fill in the blank 1%
Cost of goods sold 184,960 fill in the blank 2
Gross profit $393,040 fill in the blank 3

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