Please answer all of PA13-3

PA13-3 Vertical Analysis of a Balance Sheet A condensed balance sheet for Simultech Corporation and a are presented below LO 13-3, 13-5 partially completed vertical analysis SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of US. dollars) 27% $ 409 Cash $ 433 Current Liabilities 29% 33 495 Long-term Liabilities Total Liabilities Accounts Receivable 294 b 904 118 492 610 Inventory Other Current Assets 206 14 C Common Stock 109 32 G Property and Equipment Other Assets Total Assets Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 27 100% 445 $1,514 100% $1,514 99R922 ancial Accounting CHAPTER 13 Measuring and Evaluating Financial Performance Required: 1. Complete the vertical analysis by computing each line item (a)-(d) as a percentage of total assets. Round to the nearest whole percentage 2. What percentages of Simultech's assets relate to inventory versus property and equipment? Which of these two asset groups is more significant to Simultech's business? 3. What percentage of Simultech's assets is financed by total stockholder's equity? By total liabilities