Can you please help with this accounting question? Thank you! A myBama x C Mail-Ab Blackboa X
Fantastic news! We've Found the answer you've been seeking!
Question:
Can you please help with this accounting question? Thank you!
Transcribed Image Text:
A myBama x C Mail-Ab Blackboa X Home - Home - Content Cengage Screen S Screen S Screen S Screen S v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=assignment-take&inprogress=false a Relaunch to update : Chapter 4 Homework 1. EX.04.02 2. EX.04.05.ALGO 3. EX.04.08 4. EX.04.13.ALGO eBook Print Item Analyze and compare Electronic Arts and Take-Two Electronic Arts Inc. (EA) and Take-Two Interactive Software, Inc. (TTWO) develop, publish, and market digital, interactive content and games that can be played on game consoles, personal computers, mobile phones, and tablets. Data (in millions) from recent financial statements are as follows: Current assets Electronic Arts Year 2 Electronic Arts Take-Two Take-Two Year 1 $6,517 Year 2 $4,221 Year 1 $3,493 2,664 2,235 2,039 5. EX.04.14 6. EX.04.16.ALGO Current liabilities $7,213 2,964 a. Compute the working capital for Year 2 and Year 1 for each company. Electronic Arts Take-Two 7. MAD.04.02 8. PR.04.01B < 9. DASB.ACCOUNTING_EQU... Year 2 Year 1 b. Which company has the largest working capital? c. Compute the current ratio for Year 2 and Year 1 for each company. Round to one decimal place. Year 2 Year 1 Electronic Arts Take-Two d. Based upon the preceding results, which company has the larger relative liquidity? For both years, Electronic Arts has liquid than Take-Two. Progress: 7/9 items Check My Work Assignment Score: 19.34% working capital and current ratios than Take-Two. Thus, Electronic Arts is relatively Previous Next Email Instructor Save and Exit Submit Assignment for Grading A myBama x C Mail-Ab Blackboa X Home - Home - Content Cengage Screen S Screen S Screen S Screen S v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=assignment-take&inprogress=false a Relaunch to update : Chapter 4 Homework 1. EX.04.02 2. EX.04.05.ALGO 3. EX.04.08 4. EX.04.13.ALGO eBook Print Item Analyze and compare Electronic Arts and Take-Two Electronic Arts Inc. (EA) and Take-Two Interactive Software, Inc. (TTWO) develop, publish, and market digital, interactive content and games that can be played on game consoles, personal computers, mobile phones, and tablets. Data (in millions) from recent financial statements are as follows: Current assets Electronic Arts Year 2 Electronic Arts Take-Two Take-Two Year 1 $6,517 Year 2 $4,221 Year 1 $3,493 2,664 2,235 2,039 5. EX.04.14 6. EX.04.16.ALGO Current liabilities $7,213 2,964 a. Compute the working capital for Year 2 and Year 1 for each company. Electronic Arts Take-Two 7. MAD.04.02 8. PR.04.01B < 9. DASB.ACCOUNTING_EQU... Year 2 Year 1 b. Which company has the largest working capital? c. Compute the current ratio for Year 2 and Year 1 for each company. Round to one decimal place. Year 2 Year 1 Electronic Arts Take-Two d. Based upon the preceding results, which company has the larger relative liquidity? For both years, Electronic Arts has liquid than Take-Two. Progress: 7/9 items Check My Work Assignment Score: 19.34% working capital and current ratios than Take-Two. Thus, Electronic Arts is relatively Previous Next Email Instructor Save and Exit Submit Assignment for Grading
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The National Hurricane Center provides data that list the numbers of large (category 3, 4, or 5) hurricanes that have struck the United States, by decade since 1851 (www.nhc.noaa.gov/dcmi.shtml). The...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The Policy Committee of your company decides to change investment strategies. This change entails an increase in exposure to the stocks of large companies producing consumer products dominated by...
-
Refer to the information for Indy Company below. Indy Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 250,000 units Actual...
-
Consider the AON graph of a project shown in Figure 19.18. The activity times are 3, 4, 2, 5, 7, 2, 2, and 3 days for activities A 1 through A 8 , respectively. What is the critical path? a. A 1 , A...
-
1. To develop an understanding of your ethical leadership style 2. To understand how your preferred ethical leadership style relates to other ethical leadership styles Directions 1. Please read the...
-
Below is the net income of Anita Ferreri Instrument Co., a private corporation, computed under the three inventory methods using a periodic system. (a) Assume that in 2015 Ferreri decided to change...
-
What happened to the overhead allocation numbers? Why aren't they included?
-
You first need to download the spreadsheet with stock price and return data from the Assignments tab in Canvas and access the spreadsheet tab titled "Stock Price Data". This tab contains monthly...
-
The Cool Book Company has projected the following quarterly sales amounts for the coming- year: 1 Sales 1 D Beginning. receivables Salesp Cash- Q10 $3150 collections Ending. receivables a. Accounts...
-
Consider the quadratic equation. 10x215x-6=0 Find the values of a, b, c, and 62-4ac, where ax2 + bx + c = 0. a b C 62-4ac=
-
You are given a perpetuity, with annual payments as follows: (i) Payments of 8 at the end of the first year and every three years thereafter. (ii) Payments of 4 at the end of the second year and...
-
A bank manager wants to investigate the wait time for customers at an ATM machine within a centrally located mall, especially between 5 . 0 0 and 6 . 0 0 pm during weekends. Data collected from a...
-
Eric is planning to save $47.17 every month for 4 years. He plans to make his first savings contribution in 1 month from today. If he currently has $901.00 saved and expects to have $3,981.10 in 4...
-
Divide. (9x-21x-6x+19)+(3x-3) Your answer should give the quotient and the remainder.
-
A 3 lb bucket containing 20 lb of water is hanging at the end of a 20 ft rope that weighs 4 oz/ft. The other end of the rope is attached to a pulley. How much work is required to wind the length of...
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
Stadium Capital Financing Group helps cash strapped sports programs through the marketing of its "sports mortgage." At the University of Kansas, Jayhawks fans can sign up to pay $105,000 over 10...
-
Five years ago a consulting engineer purchased a building for company offices constructed of bricks that were not properly fired. As a result, some of the bricks were deteriorated from their exposure...
-
Providing restrooms at parks, zoos, and other city-owned recreation facilities is a considerable expense for municipal governments. City councils usually opt for permanent restrooms in larger parks...
-
On Wednesday, Paul bought more wrapping paper for 46 cash. However, it was raining hard for much of the day and sales were slow. After Paul had sold half of his total inventories for 32, he decided...
-
Try drawing up a statement of financial position for Jerry and Company as at 4 March.
-
Assume a business owns a 50 percent stake in a gold mine. As this ownership stake will not give control over the whole of the gold mine, can this resource be regarded as an asset of the business?
Study smarter with the SolutionInn App