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 Req 2B Req 2C Req 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.) SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) Cash $ 1,173 49 % Current Liabilities $ 814 34 % Accounts Receivable Inventory 264 11 Long-term Liabilities 900 38 176 7 Total Liabilities 1,714 Other Current Assets 349 Common Stock 112 Property and Equipment 21 1 Retained Earnings 572 24 Other Assets 415 17 Total Stockholders' Equity 684 Total Assets $ 2,398 100 % Total Liabilities & Stockholders' Equity $ 2,398 100 %