1 Compute Days in Accounts Receivable for Mattel for the year ended December 31, 2022....
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Accounting
1 Compute Days in Accounts Receivable for Mattel for the year ended December 31, 2022. Show your computations.
2 The number you computed in 7a is two weeks lower than the equivalent calculation for Hasbro. Holding all else equal, is this good news or bad news for Mattel (i.e., how does this affect ROE, if nothing else were to differ between the firms?
3 Do you think that this difference in days in accounts receivable is a source of competitive advantage for one or the other firm?
CONSOLIDATED BALANCE SHEETS MATTEL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS
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