Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are listed
Question:
Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are listed alphabetically and are in thousands of dollars.
Required:
Prepare the four basic financial statements for the nine months ended October 1, 2016.
Transcribed Image Text:
Accounts Payable $ 519,400 Income Tax Expense $ 18,300 Accounts Receivable 461,300 Interest Expense 2,600 Advertising Expense 79,800 Inventories 215,000 Cash (January 1, 2016) Cash (October 1, 2016) 664,400 Notes Payable 53,700 672,100 Operating Expenses 263,100 Common Stock 830,700 Retained Earnings (January 1, 2016) 260,300 Equipment 255,400 Sales Revenue 503,800 Office Expenses 113,900 Supplies 86,400 Other cash flow information: Cash received from issuing common stock $ 39,400 Cash paid to purchase equipment 66,800 Cash paid to suppliers and employees 488,700 Cash received from customers 523,700 Cash received from sale of long-term assets 100 Dividends paid to stockholders
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Related Book For
Fundamentals Of Financial Accounting
ISBN: 9781265440169
7th Edition
Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby
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