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A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented...

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Accounting

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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. Reg1 Reg 2 Reg 20 Red 20 R3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent) $ 1403 $ 35 SIMULTECH CORPORATION Balance Sheet summar January 31 inions of US dollar 545 Current 9 Long lambe 5 Total Comox 1 Retained Earnings 15 Tots Stock 100 Total Lisbies & Stockholders' Equity Account Rece Hvory Other Current Ass Property and Equipment Other Assets 1025 150 09 305 2.064 502 700 2654 5 100 C S

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