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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 the 5 2.4 points neerest whole percent.) Book SIMULTECH CORPORATION Income Statement (summarized) in millions of Ul.S. dollars) Print Previous Year 100%| $ 2,455| 1,821 446 15 16 157 24 %|$ 133 1001% Sales Revenues Cost of Goods Sold Selling. General, and Administrative Expenses Other Operating Expenses Interest Expense $ 2060 1537 433 43 12 35 75 18 come before income taxes income Tax Expense Net Income $ 30

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