In its December 31, 2016 annual report, Mattel, Inc. reports the following items. ($ thousands) 2016...
In its December 31, 2016 annual report, Mattel, Inc. reports the following items.
|
($ thousands) |
2016 |
|
Net cash flows from operating activities |
$594,509 |
|
Net sales |
5,456,650 |
|
Stockholders’ equity |
2,407,782 |
|
Net cash flows from financing activities |
(305,882) |
|
Total assets |
6,493,794 |
|
Cash, ending year |
869,531 |
|
Expenses |
5,138,628 |
|
Noncash assets |
5,624,263 |
|
Net cash flows from investing activities |
(311,910) |
|
Net income |
318,022 |
|
Cash, beginning year |
$892,814 |
- Prepare the balance sheet for Mattel, Inc. for December 31, 2016.
- Prepare the income statement for Mattel, Inc. for the year ended December 31, 2016.
- Prepare the statement of cash flows for Mattel, In for the year ended December 31, 2016.
Homework Answers
a) Balance sheet
| Assets | ||
| Cash | 869531 | |
| Non Cash assets | 5624263 | |
| Total Assets | 6493794 | |
| Liabilities and stockholder's equity | ||
| Liabilities | 4086012 | |
| Stockholder's equity | 2407782 | |
| Total Liabilities and stockholder's equity | 6493794 | |
Income statement
| Net Sales | 5456650 |
| Expenses | -5138628 |
| Net income | 318022 |
Cash flow
| Net Cash flow from operating activities | 594509 | |
| Net Cash flow from investing activities | -311910 | |
| Net cash used in financing activities | -305882 | |
| Net cash inflow (outflow) | -23283 | |
| Beginning Cash | 892814 | |
| Ending Cash | 869531 | |
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