Question: This is all one question. A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. Required: 1. Complete the



This is all one question.
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. Reg 1 Req 2A Req 2B Req 2c Reg 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole perce SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (in millions of U.S. dollars) 45% Current Liabilities 12 % Long-Term Liabilities 9 % Total Liabilities Cash $ 1,018 $ 744 33% Accounts Receivable 279 830 37% 191 1,574 % 304 115 % Inventory Other Current Assets Property and Equipment Other Assets 24 557 25 % % Common Stock 1 % Retained Earnings 19% Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity 430 672 % Total Assets $ 2,246 $ 2,246 100% What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Inventory % What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.) Property and Equipment % 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 %
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