Mattel Homework Assignment Directions: Select the 2016 Annual Report for Mattel

Question

Mattel Homework Assignment Directions: Select the 2016 Annual Report for Mattel at the following Website: . http://investor.shareholder.com/mattel/annuals.cfm .If necessary - print a copy of the four financial statements (pages 51, 52, 54 & 55) of the report. Be careful not to print the entire report! Find and provide the figures requested in the following 4 questions. NOTE: Some answers may have to be calculated if the financial report does not provide the needed subtotal!! Project Questions: 1.) Balance Sheet Use Balances As of Dec. 31,2016 to answer the following: a) fill in the balances for the 3 items in the 'Basic Accounting Equation 493 94 Total Assets obol Total Liabilities Total Shareholder's Equity b) Find the Cash account on Mattel's Balance Sheet. Use this amount to calculate what total assets is cash? (show calcula percent of Mattel's To kl Asuts6,493794 2.) Income Statement Use Amounts for 2016 to answer the following: a) For the Income Statement Relationship' below, fill in the amounts for Net Sales and Net Income and then calculate Mattel's Total Expenses for 2016. = 318,022 Net Income -5, i 38,128 Total Expenses Net Sales

Explanation / Answer

Answers to 1 & 2 are perfect.

3.. Operating activities 594509 Investing activities -311910 Financing activities -281471 Total Cash generated in 2016 Fiscal 1128 4…. Balance as on Dec.31, 2016 Retained Earnings amt. as per Statement of Stockholders Equity (Column 5) 3545359 Retained earnings as per (Line 4 in the Stockholders'equity section ,under LIABILITIES AND STOCKHOLDERS'EQUITY) Balance sheet 3545359 YES Net Income 2016 Net income amt. as per Statement of Stockholders Equity (Column 5)(3rd part-2015-2016) 318022 As per Income statement 318022 YES

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