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 Reg 2C Reg 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nez percent.) $ $ 619 31% 36 Cash Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets 653 334 246 229 SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 33 % Current Liabilities 17 Long-term Liabilities 12 Total Liabilities Common Stock 2 Retained Earnings 24 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity Reg Req2A > 705 1,324 126 532 658 1,982 27 35 485 1,982 $ $ 100%