Please Help!! Complete the vertical analysis by computing each missing line item
ID: 2381126 • Letter: P
Question
Please Help!!
Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) What percentage of Simultech's total assets relate to inventories? What percentage of Simultech's total assets relate to property and equipment? What does this tell you about the relative significance of these two assets to Simultech's business? This indicates that property and equipment is a much more significant asset than inventory. This indicates that inventory is a much more significant asset than property and equipment. What percentage of Simultech's assets is financed by total Shareholder's equity? By total liabilities?Explanation / Answer
1]
Other current assets = 80/1000 * 100 =8%
Total liabilities = 30 + 33 =63%
Contributed capital =100/1000 * 100 = 10%
Total shareholders equity = 370/1000 *100 =37%
2-a]percentage of simultech
1]
Other current assets = 80/1000 * 100 =8%
Total liabilities = 30 + 33 =63%
Contributed capital =100/1000 * 100 = 10%
Total shareholders equity = 370/1000 *100 =37%
2-a]percentage of simultech