A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below.

Required:

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?

What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities?