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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

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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.) Previous Year 2.19 SIMULTECH CORPORATION Income Statement (summarized) In millions of U.S. dollars) Current Year Sales Revenues LS 2,090 100% Cost of Goods Sold 1,647 Selling. General, and Administrative Expenses 323 Other Operating Expenses 55 Interest Expense Income before income taxes Income Tax Expense Net Income ES

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