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? 1 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the neares What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) % 2-b. What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.) 2-C. Which of these two asset groups is more significant to Simultech's business? Property and equipment is a much more significant asset than inventory. Inventory is a much more significant asset than property and equipment. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.)