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
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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
