PA13-3 Vertical Analysis of a Balance Sheet (LO 13-3, LO 13.5] A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. points Required: eBook 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? Print Complete this question by entering your answers in the tabs below. References Reg 1 Red 2A Reg 2B Reg 2C Rey 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.) SIMULTECH CORPORATION Balance Sheet summarized) $ 2 $ 2 7% 33 Cash Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets 433 94 2001 109 27 445 1.514 January 31 (in millions of U.S. dollars) 29 %. Current Liabilities 19 Long-term Liabilities 141 Total Liabilities Common Stock 2 Retained Earnings 29 Total Stockholders' Equity 1 00 % Total Liabilities & Stockholders' Equity 409 495 904 1181 492 610 1.514 32 $ $ 1 00%