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 ($290 - $5,657). 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? Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Reg 28 Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as ($290 + $5,657). (Round your answers to the nearest whole percent.) 2% Cash and Short-Term Investments Accounts Receivable, Net Inventory Other Current Assets Intangibles Property and Equipment, Net Other Assets Total Assets $ 1,854 290 80 651 1,975 575 232 $ 5,657 INTERACTIVE ARTS Balance Sheet (summarized) March 31, 2016 (in millions of U.S. dollars) 33 % Accounts Payable 6 Deforred Revenue 1 Notes Payable (long-term) Total Liabilities Common Stock Retained Earnings 4 Total Stockholders' Equity 100 Total Liabilities & Stockholders' Equity 37 52 $ 130 745 2,069 2,944 2,678 35 2,713 $ 5,657 1 48 100% Interactive Arts is 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 ($290 - $5,657). 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Reg 28 What percentages of Interactive Arts assets relate to intangibles versus property and equipment? (Round your answers to the nearest whole percent.) Intangibles Property and Equipment Percentage % % ( Reg. Req 20 >