1. Complete the vertical analysis by computing each line item as a percentage...

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Accounting

  1. 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. 2-a. What percentages of Interactive Arts assets relate to intangibles versus property and equipment?
  3. 2-b. Which of these two asset groups is more significant to Interactive Arts business?

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  • 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)
    Cash and Short-Term Investments $2,522 45 % Accounts Payable $133 2 %
    Accounts Receivable, Net 297 5 Deferred Revenue 893
    Inventory 30 1 Notes Payable (long-term) 2,039 36
    Other Current Assets 471 Total Liabilities 3,065 54
    Intangibles 1,327 Common Stock 2,528
    Property and Equipment, Net 725 Retained Earnings 32 1
    Other Assets 253 4 Total Stockholders Equity 2,560 46
    Total Assets $5,625 100 % Total Liabilities & Stockholders Equity $5,625 100 %

What percentages of Interactive Arts assets relate to intangibles versus property and equipment? (Round your answers to the nearest whole percent.)

Percentage
Intangibles %
Property and Equipment %

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