3 5 points eBook Print A condensed balance sheet 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 total assets. 2-a. What percentage of Simultech's total assets relate to inventory? 2-b. What percentage of Simultech's total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultech's business? 3. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C References Req 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) Cash $ 1,333 52 % Current Liabilities $ 889 35 % Accounts Receivable Inventory 254 10 % Long-Term Liabilities 166 6% Total Liabilities 975 1.864 38 % 96 Other Current Assets 379 Property and Equipment 19 Other Assets 405 16 % Total Assets $ 2,556 % Common Stock 1 % Retained Earnings Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 110 96 582 23 % 692 96 $ 2,556 100 % 3 5 points eBook Print A condensed balance sheet 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 total assets. 2-a. What percentage of Simultech's total assets relate to inventory? 2-b. What percentage of Simultech's total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultech's business? 3. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. References Req 1 Req 2A Req 2B Req 2C Req 3 What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory < Req 1 Req 2B > 3 5 points eBook Print A condensed balance sheet 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 total assets. 2-a. What percentage of Simultech's total assets relate to inventory? 2-b. What percentage of Simultech's total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultech's business? 3. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. References Req 1 Req 2A Req 28 Req 2C Req 3 What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.) Property and Equipment 3 5 points eBook Print A condensed balance sheet 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 total assets. 2-a. What percentage of Simultech's total assets relate to inventory? 2-b. What percentage of Simultech's total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultech's business? 3. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. References Req 1 Req 2A Req 2B Req 2C Req 3 What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.) Total Stockholders' Equity Total Liabilities Percentage % % < Req 2C Req 3 >