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CP13-3 Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5) Interactive Arts is a video game company that competes with Extravision Blizzard. A condensed

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CP13-3 Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5) Interactive Arts is a video game company that competes with Extravision Blizzard. A condensed balance sheet for Interactive Arts 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 5 percent, computed as ($312 - $6,099). 2.a. What percentages of interactive Arts assets relate to intangibles versus property and equipment? 2.b. Which of these two asset groups is more significant to interactive Arts business? CP13-3 Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5) Interactive Arts is a video game company that competes with Extravision Blizzard. A condensed balance sheet for Interactive Arts 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 5 percent, computed as ($312 - $6,099). 2.a. What percentages of interactive Arts assets relate to intangibles versus property and equipment? 2.b. Which of these two asset groups is more significant to interactive Arts business

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