42 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. Req 1 Req 2A Req 2B Req 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.) SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 32 % Current Liabilities Cash $ 569 30 % 35 % Accounts Receivable Inventory 655 1,224 % Other Current Assets 124 % Property and Equipment 28 % 522 646 Other Assets % Total Assets 1,870 100 % $ 603 324 236 199 33 475 1,870 17 % Long-Term Liabilities 13 % Total Liabilities % Common Stock 2 % Retained Earnings 25 % 100 % Total Stockholders' Equity Total Liabilities & Stockholders' Equity Req 2A > < Req 1 $ 42 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. Req 1 Req 2A Req 2B Reg 2C Req 3 What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory % < Req 1 Req 2B > 42 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. Req 1 Reg 2A Req 2B Req 2C Req 3 What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.) Property and Equipment % < Req 2A Req 2C > 42 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. Req 1 Req 2A Req 2B Req 2C Req 3 Which of these two asset groups is more significant to Simultech's business? OProperty and equipment is a much more significant asset than inventory. OInventory is a much more significant asset than property and equipment. < Req 2B Req 3 > 42 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. Req 1 Req 2A Req 2B Reg 2C Req 3 What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.) Percentage Total Stockholders' Equity % Total Liabilities % < Req 2C Req 3 >