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.) Sales Revenues Cost of Goods Sold SIMULTECH CORPORATION Income Statement (summarized) (in millions of U.S. dollars) Selling, General, and Administrative Expenses Other Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense Net Income Current Year Previous Year. $ 2,085 1,737 88 100 % $ 2,150 100 % 83 1,621 245 246 11 43 2 11 1 12 36 2 48 8 20 236 50 2 $ 40 % $ 186 % 2. Does Simultech's Cost of Goods sold for the current year as a percentage of revenues, represent better or worse performance as compared to that for the previous year?