
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
النسخة 4الرقم المعياري الدولي: 978-0078025372
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
النسخة 4الرقم المعياري الدولي: 978-0078025372 تمرين 2
Vertical Analysis of a Balance Sheet
Electronic Arts is a video game company that competes with Activision. A condensed balance sheet for Electronic Arts and a partially completed vertical analysis are presented below.
Required:
1. Complete the vertical analysis by computing each line item ( a )-( e ) as a percentage of total assets. Round to the nearest whole percentage.
TIP: Inventories were 2 percent of total assets, computed as ($100 ÷ $4,646) × 100.
2. What percentages of Electronic Arts' assets relate to intangibles versus property and equipment What business reasons would explain this relative emphasis
Electronic Arts is a video game company that competes with Activision. A condensed balance sheet for Electronic Arts and a partially completed vertical analysis are presented below.
Required:
1. Complete the vertical analysis by computing each line item ( a )-( e ) as a percentage of total assets. Round to the nearest whole percentage.
TIP: Inventories were 2 percent of total assets, computed as ($100 ÷ $4,646) × 100.
2. What percentages of Electronic Arts' assets relate to intangibles versus property and equipment What business reasons would explain this relative emphasis
التوضيح
1.
Prepare vertical analysis of balance...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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