A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below.

Required:

1. 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets.

2. 2-a. What percentage of Simultechs total assets relate to inventory?

3. 2-b. What percentage of Simultechs total assets relate to property and equipment?

4. 2-c. Which of these two asset groups is more significant to Simultechs business?

5. 3. What percentage of Simultechs assets is financed by total stockholders' equity? By total liabilities?

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 CORPORAT Balance Sheet (summarized) January 31 in millions of U.S. dollars) S 744 830 1.574 115 557 672 S 2,246 S 1.018 279 191 304 24 430 S 2,246 33% Cash 45% Current Liabilities Accounts Receivable 12 Long-term Liabilities 37 Total Liabilities Other Current Assets Property and Equipment Other Assets Total Assets Common Stock 1Retained Earnings 25 Total Stockholders' Equity 100|% | Total Liabilities & Stockholders' Equity 19 1001%