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PA13-3 Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5 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 belovw Req 1 Req 2A Req 28 Req 20 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 percent.) SIMULTECH CORPORATION Balance Sheet (summarized) January 31 (o miltions of U.S. dollars) $ 1,333 254 166 52 | %| current Labia es 10 Long-term Liabilites 351% 38 Cash Accounts Recevable nventor $ 889 975 1864 Total Liabilses nect.html | https/ewco Homework Complete this question by entering your answers in the tabs below. Complete the vertical analysis by computing each percent.) missing line item as a percentage of total assets. (Round your answers to the Balance Sheet (summarized) January 31 351 % 38 52 1%)current Liabil tes S 889 254 Total Liabiites 1,854 379 Other Current Assets Property and Equipment Common Stock 1Retained Eamings 582 692 2 556 16 Total Stockholders' Equit 2.556 1001%Total Uatines & Stockholders' Equity s 1001% Ren 2A >

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