A condensed income statement for Electronic Arts and a partially completed vertical analysis follow. Required: 1. Complete
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Required:
1. Complete the vertical analysis by computing each line item (a)-(d) as a percentage of net revenues. Round to the nearest whole percentage.
2. Does Electronic Arts' 2010 Cost of Goods Sold, as a percentage of Net Revenues, represent better or worse performance as compared to 2009?
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Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025372
4th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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