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A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. Required: 1 . Complete the vertical analysis by computing
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.
a What percentage of Simultechs total assets relate to inventory?
b What percentage of Simultechs total assets relate to property and equipment?
c Which of these two asset groups is more significant to Simultechs business?
What percentage of Simultechs assets is financed by total stockholders' equity? By total liabilities?Complete this question by entering your answers in the tabs below.
Req
Req A
Req B
Complete the vertical analysis by computing each missing line item as a percentage of total assets. Round your answers to the nearest whole percent.
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