A condensed income statement for Electronic Arts and a partially
A condensed income statement for Electronic Arts and a partially completed vertical analysis follow.
Required:
1. Complete the vertical analysis by computing each line item (a) – (d) as a percentage of net revenues. Round to the nearest whole percentage.
2. Does Electronic Arts’ 2013 Cost of Goods Sold, as a percentage of Net Revenues, represent better or worse performance as compared to 2012?
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