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 Reg 20 Reg 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) $ 638 329 $ 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 25 Total Stockholders Equity 100 % Total Liabilities & Stockholders' Equity Cash Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets 31% % 35 241 214 34 480 1936 599 685 1.284 125 527 552 1,936 27 $ 5 100% Req2A > 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. 2-0. 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 fahr bal