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 2B Req 2C Req 3 Req 1 Req 2A 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) 31 | % | Current Liabilities $ 519 30 S 553 314 226 169 31 465 S 1,758 Cash Accounts Receivable 605 1,124 122 512 634 1758 34 1 18 Long-term Liabilities 13 Total Liabilities Common Stock Other Current Assets Property and Equipment Other Assets Total Assets 2 Retained Earnings 29 Total Stockholders' Equity 100%Total Labities & Stockholders' Equity Is 100 Req 2A > Red Next K Prev 3 of 4