Data (in millions) from recent financial statements of Zynga Inc. (ZNGA), Electronic Arts Inc. (EA), and Take-Two

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Data (in millions) from recent financial statements of Zynga Inc. (ZNGA), Electronic Arts Inc. (EA), and Take-Two Interactive Software, Inc. (TTWO) are as follows:

Electronic Arts Take-Two Zynga Year 2 Year 1 Year 2 Year 1 Year 2 Year 1 $966 244 $4,354 2,418 $2,045 $1,780 1,220 Curre


a. Compute the working capital for Year 2 and Year 1 for each company.
b. Which company has the largest working capital?
c. Compute the current ratio for Year 2 and Year 1 for each company. Round to one decimal place.
d. For Year 2, rank the companies from most liquid to least liquid based upon the current ratio.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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