Question: Required: 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as
Required: 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as ($297 + $5,625). 2-a. What percentages of interactive Arts assets relate to intangibles versus property and equipment? 2.b. Which of these two asset groups is more significant to Interactive Arts business? Complete this question by entering your answers in the tabs below. Req1 Reg 2A Reg 28 Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as ($297 + $5,625), (Round your answers to the nearest whole percent.) INTERACTIVE ARTS Balance Sheet (summarized) March 31, 2016 (in millions of U.S. dollars) 45 % Accdunts Payable Deferred Revenue Notes Payable long-term) Total Liabilities $ 2.522 297 3 065 Cash and Short-Term Investments Accounts Receivable, Net Inventory Other Current Assets Intangibles Property and Equipment, Net Other Assets Total Assets Common Stock Retained Eamings Total Stockholders' Equity 2.560 $ 5,625 100 % Total Liabilities & Stockholders Equity $ 5,625
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