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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

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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 28 Req 2C Req 3 N Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest w Cash SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 43 % Current Liabilities 11 % Long-Term Liabilities 968 Total Liabilities 1,128 794 Accounts Receivable 289 880 Inventory 131 1.674 Other Current Assets 334 96 Common Stock 113 196 Property and Equipment 22 1 % Retained Earnings 537 Other Assets 420 Total Stockholders' Equity 880 Total Assets 2.354 100 % Total Liabilities & Stockholders Equity 2.354 100 196

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