Question: What is the current ratio for the below information? Appendix 2. Mattel, Inc., Consolidated Balance Sheet, 1996-2003 (millions of US$) 1996 1997 1998 1999 2000

What is the current ratio for the below information?

What is the current ratio for the below information? Appendix 2. Mattel,

Inc., Consolidated Balance Sheet, 1996-2003 (millions of US\$) 1996 1997 1998 1999

2000 2001 2002 2003 ASSETS Cash and marketable securities Accounts receivable, net

Appendix 2. Mattel, Inc., Consolidated Balance Sheet, 1996-2003 (millions of US\$) 1996 1997 1998 1999 2000 2001 2002 2003 ASSETS Cash and marketable securities Accounts receivable, net Inventories, net Prepaid expenses, def taxes & other eurrent assets Total PP\&E, net Goodwill, intangibles \& other Total Assets \begin{tabular}{rrrrrrrr} 500.6 & 694.9 & 212.5 & 275.0 & 232.4 & 616.6 & 1,267.0 & 1,152.7 \\ 732.3 & 1,091.4 & 983.1 & 1,270.0 & 839.6 & 696.6 & 490.8 & 543.9 \\ 372.7 & 428.8 & 584.4 & 544.3 & 489.7 & 487.5 & 338.6 & 388.7 \\ 165.2 & 246.5 & 277.9 & 330.7 & 189.8 & 291.9 & 292.5 & 309.6 \\ \hline 1,770.8 & 2,461.7 & 2,057.8 & 2,420.0 & 1,751.5 & 2,092.6 & 2,389.0 & 2,394.9 \\ & & & & & & & \\ 579.6 & 601.6 & 736.5 & 749.5 & 647.8 & 626.7 & 599.6 & 625.9 \\ 543.1 & 740.5 & 1,467.9 & 1,957.5 & 1,914.1 & 1,821.2 & 1,471.1 & 1,490.2 \\ \hline & & & & & & & \\ 2,893.5 & 3,803.8 & 4,262.2 & 5,127.0 & 4,313.4 & 4,540.6 & 4,459.7 & 4,511.0 \end{tabular} LIABILITIES \& NET WORTH Accounts payable Accrued A/R collections due to banks Accrued advertising \& promotion Income taxes payable Short-term debt & current portion Total current liabilities Long-term debt, net Other noncurrent liabilities Total stockholders' equity, net Total Liabilities \& Equity \begin{tabular}{rrrrrrrr} 259.7 & 310.1 & 293.4 & 360.6 & 339.0 & 334.2 & 296.3 & 289.7 \\ - & - & - & - & - & 131.4 & 183.5 & 219.1 \\ 406.3 & 629.4 & 651.0 & 825.9 & 703.4 & 643.3 & 758.4 & 633.9 \\ 167.7 & 202.7 & 205.3 & 258.3 & 200.9 & 239.8 & 203.0 & 253.2 \\ 126.6 & 31.1 & 167.5 & 372.7 & 259.1 & 248.2 & 207.5 & 71.9 \\ \hline 960.4 & 1,173.4 & 1,317.2 & 1,817.5 & 1,502.4 & 1,597.0 & 1,648.8 & 1,467.7 \end{tabular} Source: Mattel, Annual Reports and SEC filings (10-k). \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{9}{|c|}{ Appendix 3. Mattel Inc., Consolidated Statements of Cash Flow, 1996-2003 } \\ \hline (millions of US\$) & 1996 & 1997 & 1998 & 1999 & 2000 & 2001 & 2002 & 2003 \\ \hline Cash balance at beginning-of-year & 466.1 & 550.3 & 694.9 & 469.2 & 247.4 & 232.4 & 616.61 & 1,267.0 \\ \hline \multicolumn{9}{|l|}{ Operating Activities } \\ \hline Net income & 377.6 & 285.2 & 332.3 & (82.4) & 170.2 & 298.9 & 455.0 & 537.6 \\ \hline Depreciation and amortization & 149.1 & 189.9 & 214.9 & 298.6 & 256.4 & 262.5 & 191.9 & 183.8 \\ \hline Changes in net working capital & other & (11.5) & 2.1 & 0.3 & (157.6) & 128.5 & 183.4 & 509.1 & (116.6) \\ \hline Cash Flows from Operating Activities & 515.2 & 477.2 & 547.5 & 58.6 & 555.1 & 744.81 & 1,156.1 & 604.8 \\ \hline \multicolumn{9}{|l|}{ Investing Activities } \\ \hline Capital expenditure: tools, dies, & (88.7) & (96.0) & (114.4) & (107.0) & (85.3) & (93.9) & (81.0) & (99.3) \\ \hline Capital expenditure: other P\&E & (120.3) & (125.6) & (161.9) & (104.6) & (76.5) & (100.7) & (86.4) & (101.1) \\ \hline Purchases \& sales of businesses, net & (2.6) & 22.9 & (763.9) & 4.2 & 9.9 & (14.1) & 9.4 & (3.6) \\ \hline Purchases \& sales of securities, net & (7.8) & (7.8) & (10.8) & (70.7) & (0.9) & & 0,51 & 23.6 \\ \hline Other investing activiites, net & 0.3 & 0.6 & (1.5) & (0.6) & 1.5 & 15.5 & (0.5) & (0.4) \\ \hline Cash Flows from Investing Activities & (219.1) & (206.0)( & (1,052.4) & (278.7) & (151.2) & (193.2) & (158.4) & (180.8) \\ \hline \multicolumn{8}{|l|}{ Financing Activities } & (7.1) \\ \hline Short-term borrowings, net & & \begin{tabular}{l} (7.0) \\ 75.2 \end{tabular} & \begin{tabular}{l} 459.1 \\ (99.3) \end{tabular} & \begin{tabular}{l} 179.6 \\ (30.3) \end{tabular} & \begin{tabular}{l} (13).0) \\ 290.7 \end{tabular} & (31.3) & (421.6) & (181.1) \\ \hline \begin{tabular}{l} Long-term borrowings, net \\ Dividends payable \end{tabular} & \begin{tabular}{l} (33.7) \\ (62.7) \end{tabular} & (84.5) & (98.0) & (125.7) & (153.6) & (21.6) & (21.9) & (171.3) \\ \hline \begin{tabular}{l} Dividends payable \\ Sales \& repurchases of common stock \end{tabular} & (269.8) & (156.7) & (351.1) & (75.5) & 25.2 & 53.5 & 55.0 & (194.9) \\ \hline Other financing activities & 98.5 & 56.8 & 113.6 & 80.6 & (1.1) & - & - & - \\ \hline Cash Flows from Financing Activities & (260.9) & (116.2) & 24.3 & 28.8 & 26.2 & (175.1) & (394.4) & (554.5) \\ \hline Effect of discontinued operations & 49.6 & - & 256.8 & (27.7) & (444.2) & & 43.3 & 10 \\ \hline Change in cash & 35.2 & 155.1 & (480.6) & (191.3) & 430.1 & 376.5 & 603.3 & (130.4) \\ \hline Effect of exchange rate on cash & (0.6) & (10.4) & (1.9) & & & & 3.9 & \\ \hline Cash balance at end-of-year & 550.3 & 694.9 & 469.2 & 247.4 & 232.4 & 616.6 & 1,267.0 & 1,152.7 \\ \hline \end{tabular}

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