Chapter 13 Homework (Algo) Saved Help Save & Exit Check my w 3 A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below Required 20 points 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 Print Req 3 Req 1 Req 2B Rea 2C Req 2A percent.) line item as a percentage of total assets. (Round your answers to the nearest whole Complete the vertical analysis by computing each missing Dalance Sheet (summarized January 31 33Cument Lii 7Long-3erm Liabiites 705 Accounts Receivable Total Liabilities Common Stock 27 Other Current Assets Property and Equipment 2 Retained Eamings 35 CPrev 3 of l! Next