Mattel Homework Assignment Directions Select the 2016 Annual

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

Solution

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