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 1 Req 2A Reg 2B Req 20 Req3 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 $ 458 $ 28 % 434 520 Accounts Receivable 299 SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 29 % Current Liabilities 19 Long-term Liabilities 13 Total Liabilities Common Stock 2 Retained Earnings 29 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 33 211 954 124 119 Inventory Other Current Assets Property and Equipment Other Assets Total Assets 28 497 32 450 1,570 616 1,570 $ $ 100 % What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory % What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.) 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.) Percentage % Total Stockholder's Equity Total Liabilities %