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Can someone assist me with this question? A condensed income statement for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1.

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A condensed income statement for Northeast Airlines 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.) NORTHEAST AIRLINES Income Statement (summarized) For the Year Ended December 31 (in millions of U.S. dollars) 2016 2015 Sales Revenues $ 21,125 100 % $ 20,520 100 % Salaries and Wages Expense 6,833 32 6,418 Fuel, Oil, Repairs, and Maintenance 4,755 4,656 Other Operating Expenses 5,210 4,735 23 Other Expenses (Revenues) 248 658 3 Income before Income Tax Expense 4,079 19 4,053 20 Income Tax Expense 1,338 6 1,419 7 Net Income $ 2,741 % $ 2,634 %

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