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A condensed balance sheet for Big World Games Incorporated, and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by
A condensed balance sheet for Big World Games Incorporated, and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 4 percent, computed as ($250 +$5,906). 2-a. What percentages of Big World Games assets relate to intangibles versus property and equipment? 2-b. Which of these two asset groups is more significant to Big World Games business? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 4 percent, computed as ($250 $5,906). (Round your answers to the nearest whole percent.) BIG WORLD GAMES INCORPORATED Balance Sheet (summarized) March 31, 2019 (in millions of U.S. dollars) 39 % Accounts Payable 4 % Deferred Revenue 1 % Notes Payable (long-term) $ 123 2% 728 % 1,979 34 % % Total Liabilities 2,830 48 % 1,930 % Common Stock 3,028 % 725 % Retained Earnings 48 1 % 193 3% Total Stockholders' Equity 3,076 52 % $ 5,906 100 % Total Liabilities & Stockholders' Equity $ 5,906 100 % Cash and Short-Term Investments $ 2,279 Accounts Receivable, Net 250 Inventory 46 Other Current Assets 483 Intangibles Property and Equipment, Net Other Assets Total Assets A condensed balance sheet for Big World Games Incorporated, and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 4 percent, computed as ($250 $5,906). 2-a. What percentages of Big World Games assets relate to intangibles versus property and equipment? 2-b. Which of these two asset groups is more significant to Big World Games business? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Which of these two asset groups is more significant to Big World Games business? Intangibles Property and Equipment < Req 2A Req 2B >
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