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. Reg 1 Req 2A Req 2B Req 2C Reg 3 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 Other Current Assets Property and Equipment Other Assets Total Assets 678 339 251 244 SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 33 % Current Liabilities 17 Long-term Liabilities 12 Total Liabilities Common Stock Retained Earnings Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 644 730 1,374 127 537 664 2,038 36 490 2,038 $ $ 100 % Req 1 Req 2A Req 2B Req 2C Reg 3 What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory Reg 1 Req 2A Req 2B Req 2C Reg 3 What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.) Property and Equipment Reg 1 Reg 2A Req 2B Req 2C Reg 3 What percentage of Simultech's assets is financed by total stockholder's equity? By total liabilities? (Round your answers to the nearest whole percent.) Percentage Total Stockholder's Equity Total Liabilities