Data (in millions) from recent financial statements of Zynga Inc. (ZNGA), Electronic Arts Inc. (EA), and Take-Two
Question:
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 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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Related Book For
Corporate Financial Accounting
ISBN: 9781337398169
15th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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