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. (Round your answers to the nearest whole percent.)

SIMULTECH CORPORATION
Balance Sheet (summarized)
January 31
(in millions of U.S. dollars)
Cash and Short-Term Investments	$458	29	%	Current Liabilities	$434	28	%
Accounts Receivable	299	19		Notes Payable (long-term)	520	33
Inventories	211	13		Total Liabilities	954
Other Current Assets	124			Common Stock	119
Property and Equipment	28	2		Retained Earnings	497	32
Other Assets	450	29		Total Stockholders Equity	616
Total Assets	$1,570	100	%	Total Liabilities & Stockholders Equity	$1,570	100	%

What percentage of Simultechs total assets relate to inventories? (Round your answers to the nearest whole percent.)

What percentage of Simultechs total assets relate to property and equipment? (Round your answers to the nearest whole percent.)

What percentage of Simultechs assets is financed by total stockholder's equity? By total liabilities? (Round your answers to the nearest whole percent.)