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

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A condensed income statement for Simultech Corporation and a partially completed vertical analysis are presented below 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) Sales Revenues Cost of Goods Sold Selling, General, and Administrative Expenses Other Operating Expenses Interest Expense Income before income taxes Income Tax Expense Net Income Current Year Previous Year $ 2,066 100 % $ 2,225 100 % 1,627 79 1,731 343 356 16 50 2 13 1 24 25 1 22 1 100 6 0 31 1 S 16 % $ 69 % A condensed income statement for Simultech Corporation and a partially completed vertical analysis are presented below 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) Sales Revenues Cost of Goods Sold Selling, General, and Administrative Expenses Other Operating Expenses Interest Expense Income before income taxes Income Tax Expense Net Income Current Year Previous Year $ 2,066 100 % $ 2,225 100 % 1,627 79 1,731 343 356 16 50 2 13 1 24 25 1 22 1 100 6 0 31 1 S 16 % $ 69 %