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 Req 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. Note: Round your answers to the nearest whole percent. SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) Cash $ 963 Accounts Receivable 284 44 % Current Liabilities 13 % Long-Term Liabilities $ 719 33 % 805 37 % Inventory 196 9% Total Liabilities 1,524 % Other Current Assets 289 % Common Stock 116 % Property and Equipment 25 1 % Retained Earnings 552 25 % Other Assets 435 20 % Total Stockholders' Equity 668 % Total Assets $ 2,192 100 % Total Liabilities & Stockholders' Equity $ 2,192 100 % < Req 1 Req 2A >