Question: 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

 Required 1. Complete the vertical analysis by computing each missing line

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) $1,073 274 186 319 23 425 $2,300 33 % Cash Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets 47 % Current Liabilities 769 855 1,624 114 562 676 $ 2,300 12 Long-term Liabilities 37 Total Liabilities Common Stock 1 Retained Earnings 18 24 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 100 %

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