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PA13-4 Vertical Analysis of an Income Statement [LO 13-3, LO 13-5] A condensed income statement for Simultech Corporation and a partially completed vertical analysis are

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PA13-4 Vertical Analysis of an Income Statement [LO 13-3, LO 13-5] 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 th nearest whole percent) SIMULTECH CORPORATION Income Statement (summarized) in millions of U.S. dollars) Current Year Previous Year 1001%) $ 2.350 1,771 396 100 % S 2,093 1,587 383 63 32 28 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 76 17 17 21 145 35 110 20 %|$ Activate Wind

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