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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-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. Reg 1 Reg 2A Req 2B Reg 2c Req 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.) Cash $ 433 $ 409 27% Accounts Receivable 294 SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) % Current Liabilities 19 Long-term Liabilities 14 Total Liabilities Common Stock 2 Retained Earnings Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 495 33 206 904 109 118 Inventory Other Current Assets Property and Equipment Other Assets Total Assets 27 492 32 445 610 $ 1,514 $ 1,514 100%