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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

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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 Simuttech's total assets relate to property and equipment? 2.c. Which of these two asset groups is more significant to Simultoch's business? 2. What percentage of Simuttech's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 28 ng 20 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.) 5 $ Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets 38 SIMULTECH CORPORATION Balance Sheet (summarized) January 31 in millions of US dollars 53 Current Liabilities 10 Long term Lubles 5 Total Liabi Common Stock 5 Retained Earnings 15 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 249 151 394 18 400 2,610 914 1000 1,014 109 587 096 22 $ 5 2,610 1001

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