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.
2. What percentages of Electronic Arts assets relate to intangibles versus property and equipment? Which of these two asset groups is more significant to Electronic Arts business?