Required:

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?

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 $2$B

Req $2C$

Req $3$

$\backslash$table$[[,,,$SIMULTECH CORPORATION$],[$Balance Sheet $($summarized$)],[$January $31],[($in millions of U$.$S$.$ dollars$)],[$Cash$,$$$,908,42,\%,$Current Liabilities,$$,694,32,\%$