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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 each

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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 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. Reg 1 Req 2A Reg 2B Req 2c Req3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole Cash $ 849 Accounts Receivable SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 1.248 50 % Current Liabilities 259 10 Long-term Liabilities 1717 Total Liabilities 364 Common Stock Retained Earnings Total Stockholders' Equity 2.472 100 Total Liabilities & Stockholders' Equity 1.784 72 111 Inventory Other Current Assets Property and Equipment Other Assets Total Assets 410 577 688/ 2472 $ S 100 % Reg 2A >

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