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Interactive Arts is a video game company that competes with Extravision. A condensed balance sheet for Interactive Arts and a partially completed vertical analysis are
Interactive Arts is a video game company that competes with Extravision. 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: Inventories were 1 percent of total assets, computed as ($34 divide $5, 924) times 100. (Round your answers to the nearest whole percent.) What percentages of Interactive Arts' assets relate to intangibles versus property and equipment? (Round your answers to the nearest whole percent.)
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