1. Identify the unusual (atypical) items for the firm

2.Record a journal entry for the firm assuming it declares and pays a $2 per share dividend.

3.Calculate how much inventory the firm purchased during the year.

4.Assume that Newells prepaid expenses and other current assets consist of prepaid insurance. Assume that the payments during the year by the firm to its insurance companies totaled $200 million. What was the insurance expense for the year?

thank you for your help. I really appreciate it.

NEWELL BRANDS INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amounts in millions, except par values) 2019 S $ 348.6 1,841.5 1,606.7 313.1 495.7 2,163.5 1,760.7 294.8 1,243.8 5,958.5 1,226.1 4,109.9 1,154.9 615.2 3,708.8 4,916.4 775.5 361.3 15,642.0 3,873.9 6,150.6 183.3 330.0 17,722.4 $ $ $ $ 1,101.4 203.9 1,340.3 332.4 December 31, Assets: Cash and cash equivalents Accounts receivable, net Inventories Prepaid expenses and other current assets Current assets held for sale Total current assets Property, plant and equipment, net Operating lease assets Goodwill Other intangible assets, net Deferred income taxes Other assets Total assets Liabilities: Accounts payable Accrued compensation Other accrued liabilities Short-term debt and current portion of long-term debt Current liabilities held for sale Total current liabilities Long-term debt Deferred income taxes Operating lease liabilities Other noncurrent liabilities Total liabilities Commitments and contingencies (Footnote 19) Stockholders' equity: Preferred stock (10.0 authorized shares, $1.00 par value, no shares issued at December 31, 2019 and 2018) Common stock (800.0 authorized shares, $1.00 par value, 447.1 shares and 446.1 shares issued at December 31, 2019 and 2018, respectively) Treasury stock, at cost (23.6 and 23.3 shares at December 31, 2019 and 2018, respectively) Additional paid-in capital Retained deficit Accumulated other comprehensive loss Stockholders' equity attributable to parent Stockholders' equity attributable to minority interests Total stockholders' equity Total liabilities and stockholders' equity 1,191.6 192.9 1,307.9 318.7 292.4 3,303.5 6,696.3 1,090.0 2,978.0 5,391.3 624.9 541.4 1,110.4 10,646.0 1,379.4 12,469.2 447.1 (590.3) 8,430.6 (2,404.2) (919.9) 4,963.3 32.7 4,996.0 15,642.0 446.1 (584.7 8,781.1 (2,511.3 (912.8 5,218.4 34.8 5,253.2 17,722.4 32.7 $ $ See Notes to Consolidated Financial Statements