saved A condensed income statement for Electronic Arts and a partially completed vertical analy Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of r Cost of Goods Sold wes 32 percent of Net Revenues, computed as ($1,429+$4,515). (0f with a minus sign. Round your answers to the nearest whole percent.) ELECTRONIC ARTS, INC. Income Statement (summarized) For the Year Ended March 31 (in millions of U.S. dollars) 2016 2015 S 4,396 1,354 1,109 100 6 100196 32 24 14 s 4,515 1,429 1,094 647 397 948 23 925 (50) 1961 : S 875 Net Revenues Cost of Goods Sold Research and Development Expense Sales and Marketing Expense General and Administrative Expense Income from Operations Other Expenses Income before Income Tax Income Tax Recovery (Expense) Net Income 413 89820 10 21 21 877 279 5 1.156 20 20 S 87S 191% 14 ales and Marketing Expense General and Administrative Expense Income from Operations Other Expenses Income before Income Tax Income Tax Recovery (Expense) 413 898 21 397 948 23 10 20 21 87 20$325 20 (50) S 875 279 6 S 1,156 191% Net Income 2 Does Electronic Arts' 2016 Cost of'Goods Sold, as a percentage of Net Revenues, repre compared to 2015? O Better O Worse Prev 3 of 6 eto search 14 10 397 20111 948 21 23 925 (50) $ 875 20 20 19, % old, s a percentage of Net Revenues,represent better or worse performance as