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A condensed Income statement for SImultech Corporation and a partlally completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each

image text in transcribed A condensed Income statement for SImultech Corporation and a partlally completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing IIne Item as a percentage of sales revenues. 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 prevlous year? 3. Has SImultech's net profit margin Increased, or decreased, over the two years? Complete this question by entering your answers in the tabs below. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. (Round your answers to the nearest whole percent.)

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