A condensed balance sheet 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 total assets.

A condensed balance sheet 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 total assets (Round your answers to the nearest whole percent.) NORTHEAST AIRLINES Balance Sheet (summarized) December 31, 2013 (in millions of U.S. dollars) 6,191 25 Current Liabilities 5.929 24 Cash 414 2 Long-Term Liabilities Accounts Receivable 8,918 14,847 60 Total Liabilities 495 Inventory of Parts and Supplies 2,506 10 Stock Common 904 4 Other Current Assets 8,906 36 Property and Equipment, Net 13,388 Retained Earnings 9,810 40 1,663 7 Other Assets Total Stockholders' Equity S 24,657 100 Total Liabilities & Stockholders' Equity 24,657 100 Total Assets 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? (Round your answer to the nearest whole percent.) Inventory of Parts and Supplies