In its December 31, 2011 annual report, Mattell, Inc. reports the following items. ...
70.2K
Verified Solution
Question
Accounting
In its December 31, 2011 annual report, Mattell, Inc. reports the following items. ($ thousands) 2011 Net cash flows from operating activities $ 664,693 Net sales 6,266,037 Stockholders equity 2,610,603 Net cash flows from financing activities (402,199) Total assets 5,671,638 Cash, ending year 1,369,113 Expenses 5,497,529 Noncash assets 4,302,525 Net cash flows from investing activities (174,504) Net income 768,508 Cash, beginning year $1,281,123 a. Prepare the balance sheet for Mattel, Inc. for December 31, 2011. Mattel, Inc. Balance Sheet December 31, 2011 Cash Total liailities Non-cash assets Stockholders' equity Total assets Total liabilities and quity b. Prepare the income statement for Mattel, Inc. for the year ended December 31, 2011. Mattel, Inc. Income Statement For Year Ended December 31, 2011 Net sales Expenses Net income c. Prepare the statement of cash flows for Mattel, Inc. for the year ended December 31, 2011.
In its December 31, 2011 annual report, Mattell, Inc. reports the following items.
($ thousands) 2011
Net cash flows from operating activities $ 664,693
Net sales 6,266,037
Stockholders equity 2,610,603
Net cash flows from financing activities (402,199)
Total assets 5,671,638
Cash, ending year 1,369,113
Expenses 5,497,529
Noncash assets 4,302,525
Net cash flows from investing activities (174,504)
Net income 768,508
Cash, beginning year $1,281,123
a. Prepare the balance sheet for Mattel, Inc. for December 31, 2011.
Mattel, Inc.
Balance Sheet
December 31, 2011
Cash Total liailities
Non-cash assets Stockholders' equity
Total assets Total liabilities and quity
b. Prepare the income statement for Mattel, Inc. for the year ended December 31, 2011.
Mattel, Inc.
Income Statement
For Year Ended December 31, 2011
Net sales
Expenses
Net income
c. Prepare the statement of cash flows for Mattel, Inc. for the year ended December 31, 2011.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.