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1. 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as ($297 $5,625).
2. 2-a. What percentages of Interactive Arts assets relate to intangibles versus property and equipment?
3. 2-b. Which of these two asset groups is more significant to Interactive Arts business?

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• Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as ($297 $5,625). (Round your answers to the nearest whole percent.)

  INTERACTIVE ARTS Balance Sheet (summarized) March 31, 2016 (in millions of U.S. dollars) Cash and Short-Term Investments $2,522 45 % Accounts Payable $133 2 % Accounts Receivable, Net 297 5 Deferred Revenue 893 Inventory 30 1 Notes Payable (long-term) 2,039 36 Other Current Assets 471 Total Liabilities 3,065 54 Intangibles 1,327 Common Stock 2,528 Property and Equipment, Net 725 Retained Earnings 32 1 Other Assets 253 4 Total Stockholders Equity 2,560 46 Total Assets $5,625 100 % Total Liabilities & Stockholders Equity $5,625 100 %

What percentages of Interactive Arts assets relate to intangibles versus property and equipment? (Round your answers to the nearest whole percent.)

	Percentage Intangibles % Property and Equipment %

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