A condensed income statement for Simultech Corporation and a partially completed vertical analysis are presented below.

*please complete all parts for thumbs up

Required 1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. (Round your answers to the nearest whole percent.) SIMULTECH CORPORATION Income Statement (summarized) (in millions of U.S. dollars) For the Years Ended January 31, 2013 January 31, 2012 $ 2,070 1,577 393 52 20 28 100 % Sales Revenues Cost of Goods Sold Selling, General, and Administrative Expenses Other Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense Net Income 100% $ 2,360 1,781 406 12 20 141 28 113 76 17 0