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 Simultechs total assets relate to inventory? 2-b. What percentage of Simultechs total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultechs business? 3. What percentage of Simultechs assets is financed by total stockholders' equity? By total liabilities?
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 Reg 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the neares Cash $ 1,388 $ Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 53% Current Liabilities 10 Long-term Liabilities Total Liabilities Common Stock Retained Earnings 15 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 914 1,000 1,9141 109 587 696 2,610 100% A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented belor 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 Reg 2B Req 2C Req3 What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory 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 Req 2B Req 2c Reg 3 What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.2. Property and Equipment Req 2A Req 20 > HHH Next > 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 Reg 3 What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.) Percentage Total Stockholder's Equity Total Liabilities