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7a. Compute Days in Accounts Receivable for Mattel for the year ended December 31, 2022....

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Accounting

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7a. Compute Days in Accounts Receivable for Mattel for the year ended December 31, 2022. Show your computations. Days A/R Computations: 7b. 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? Circle one: Good news Bad news It has no effect Effect is unclear 7c. Do you think that this difference in days in accounts receivable is a source of competitive advantage for one or the other firm? Circle yes, no or maybe and briefly (no more than one or two sentences) explain. Yes No Maybe

MATTEL, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS MATTEL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS The accompanying notes are an integral part of these consolidated financial statements. assets. MATTEL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS

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