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.) 2-a. What percentage of Simultech's total assets relate to inventories? Inventory % 2-b. What percentage of Simultech's total assets relate to property and equipment? Property and equipment % 2-c. What does this tell you about the relative significance of these two assets to Simultech's business? This indicates that property and equipment is a much more significant asset than inventory. This indicates that inventory is a much more significant asset than property and equipment 3. What percentage of Simultech's assets is financed by total Shareholders equity? By total liabilities