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A condensed income statement for Electronic Arts and a partially completed vertical analysis follow.

Required:

1. Complete the vertical analysis by computing each line item (a) (d) as a percentage of net revenues. Round to the nearest whole percentage.

2. Does Electronic Arts 2013 Cost of Goods Sold, as a percentage of Net Revenues, represent better or worse performance as compared to 2012?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91526561
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