To benchmark Lowe's financial results, we reported the following ratios for The Home Depot fiscal year ended January 27, 2017: fixed asset turnover (3.32), days to sell (71.6), and debt-to-assets (0.90). Show that you can compute these ratios using the financial statements of Lowe's Companies, Inc. in Appendix B. (Use 365 days in a year. Round your intermediate computations and final answers to 2 decimal places.) 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. (Round your answers to the nearest whole percent.) 2-a. What percentage of Simultech's total assets relate to inventories? 2-b. What percentage of Simultech's total assets relate to property and equipment? 2-c. What does this tell you about the relative significance of these two assets to Simultech's business? This indicates that property and equipment is a much more significant asset than inventory. This indicates that inventory is a much more significant asset than property and equipment. 3. What percentage of Simultech's assets is financed by total Shareholder's equity? By total liabilities