apters 10 & 13 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. 2-8. 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 20 Req 3 EES Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent) SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) Cash $ 1,443 54 % Current Liabilities Accounts Receivable Inventory 244 9 Long-term Liabilities 158 8 Total Liabilities Other Current Assets 409 Common Stock Property and Equipment 17 1 Retained Earnings Other Assets 395 15 Total Assets $ 2.664 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity Ren Req 2A > D 939 35 96 1.025 38 1.964 108 592 700 2,664 100 % Req 1 Req 2A Req 2B Req 2C Req 3 What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory % > Req 1 Req 2A Req Req 2C Req 3 What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest who percent.) Property and Equipment % < Req 2A Req 2C > nces Complete this Req 1 Req 2A Req 2B Ret 2C Req 3 Which of these two asset groups is more significant to Simultech's business? OProperty and equipment is a much more significant asset than inventory. OInventory is a much more significant asset than property and equipment. < Req 2B Req 3 > Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C Req 3 What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? (Round your answers t the nearest whole percent.) Percentage Total Stockholder's Equity Total Liabilities % % < Req 2C Reg 3