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Complete this question by entering your answers in the tabs below. Which of these two asset groups is more significant to Simultech's business? Property and equipment is a much more significant asset than inventory. Inventory is a much more significant asset than property and equipment. 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. Complete this question by entering your answers in the tabs below. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.) Complete this question by entering your answers in the tabs below. What percentage of Simultech's total assets relate to inventory? (Round your answer to the nearest whole percent.) Complete this question by entering your answers in the tabs below. What percentage of Simultech's total assets relate to property and equipment? (Round your answer to the nearest whole percent.)

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