Question: All information is given Required: Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2 - a .
All information is given
Required:
Complete the vertical analysis by computing each missing line item as a percentage of total assets.
a What percentage of Simultech's total assets relate to inventory?
b What percentage of Simultech's total assets relate to property and equipment?
c Which of these two asset groups is more significant to Simultech's business?
What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities?
Complete the vertical analysis by computing each missing line item as a percentage of total assets. Round your answers to the nearest whole percent.
tableSIMULTECH CORPORATIONBalance Sheet summarizedJanuary in millions of US dollarsCash$Current Liabilities,$
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