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. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering vour answers in the tabs below. Reg 1 Req 2A Req 2B Reg 2C Req3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) Cash Accounts Receivable Inventory of Parts and Supplies Other Current Assets Property and Equipment, Net Other Assets Total Assets NORTHEAST AIRLINES Balance Sheet (summarized) December 31, 2016 (in millions of U.S. dollars) $ 10,741 % Current Liabilities 399 1 Long-Term Liabilities 6902 Total Liabilities 3,181 Common Stock 13,385 Retained Earnings 1,648 5 T otal Stockholders' Equity $ 30.044 100 % Total Liabilities & Stockholders' Equity $ 7,166 11,291 18,457 2,214 9,373 11,587 $ 30.044 24 % 38 61 7 31 39 100 % 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. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 1 Reciaa | Reg 2B Req 2c Req 3 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 ( Req1 Req 2B > Saved 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, 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Reg 1 Reg 2A Req 2A | Ra zis RE 2B | Req2c Req 3 Reg 3 What percentage Northeast's assets relate to property and equipment? (Round your answer to the nearest whole percent.) Property and Equipment work Saved 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. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast'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 Reg 2B Req2c Reg 3 Which of these two asset groups is more significa Req 20 ortheast's business? Inventory of Parts and Supplies Property and Equipment 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. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Req ZA Reg 2A Reg 2B Reg 2 Req 2c Req 2c 1 Req 3 What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.) Percentage Total Stockholder's Equity Total Liabilities