AalbCede Aubbed AaBb ABCDE AaBbbende Normal Heading Tite No Stand Heading Subtitle Styles Pane Problem 2(11 polata) Die Newell Brand, la financial statement to answer to the following questions 1. According to the footnotes, what was the Inltal alculation of the Property, Plant, and Equipment that Newell Brands own u of December 31, 202071 point) 2 According to the footnotes, what is the languistics of land that Newell Brands ows of December 31, 20207 (polit) & According to the footholes, which of the following methode does Newell Brands me to depreciates Property, Mut and liquipment (Circle) (1 point) Sursight-Line Double-Declining Balance Daisal Activity Reside the 2020 in local ente (both accounts and amounta) that Newell Brands made to record depreciation en la property and Equipment. Assume that Newell Brands makes se adjusting journal entry for depreciation expense at the end of each flac yeu as part of its adjusting entries points 5. Does Newell Brands Goodwill footnote that the company equired any other companies during flea 2387 (Cirelepon YES NO company aspired any other companies during final 2018 Does Newell Goodwife Carelepit YES NO 7. Die2020.exe) Newell Brands made to end amortis fed tangible An Amer Newell Brands senegal by few the end of end final sef adjusting telespet) A A Aa v PO 1 Avg Av X, Newell Brands, Inc. Financial Statements (partial) newell Consolidated Balance Sheets la millions of dollars As of ASSETS Dec 31, 2030 Cash and cash equivalents 5951 Accounts receivable, net 1,678 Inventories 1,638 Prepaid expenses and other current assets 331 Total current 54,423 Property, plant, and equipment, net 1,176 Goodwill 3.353 Other long-term askets 5.343 Total 14 As of Dec 31, 2019 5349 1,842 1,606 313 54110 1,155 3,709 6,668 C36449 $ 1,526 236 S103 204 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Wages payable Current portion of long-term debe Other current abilities Total current liabilities Longcomm debit Other Reliabilities Total liabilities Como Retained earning Total stockholders Total des and stockholders guilty 1,393 3.421 5.141 2,035 10.800 1,340 2.972 5,391 482 2,00 S 140 10.646 6,447 569 4.985 16602 No Spacing Heading Heading 2 Title Subtitle Did Styles Pane Notes to Consolidated Financial Statements (partial Footnote 1. Summary or Significant Accounting Policies 1.1. Description of Business Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermalda, Paper Mate, Sharpie, Dymo, EXPOX, Parkers, Filmer's, Coleman, Marmola, Ostere, Sunbeam, FoodSaver, Mr. Cofices, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon Center, First Alena, Map, Senter and Yankee Candles Newell Brands is committed to enhancing the lives of consumers around the world with planet friendly, innovative and attractive products that create moments of joy and provide peace of mind. The Company sells its products in nearly 200 countries around the world and has operations on the ground in over 40 of these countries, excluding third party distributors. 6. Property, Plant, and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are expensed as incurred. Depreciation expense is calculated principally on the straight-line basis Useful lives determined by the Company are as follows: buildings and improvements (20-40 years) and machinery and equipment - 15 years). Depreciation expense was $200 million, and $254 million in 2020, and 2019, respectively The following table summarizes property and equipment (in milion As of December 31. 2030 2013 Land S6 STAK Buildings and improvements 664 641 Machinery and equipment 2314 2.151 Total property.plant and equipment 3,064 Accumulated depreciation (1.833 0.723 Property, plant and equipment, net S1,176 S1,155 7. Goodwill and Intangible Assets The Company evaluates goodwill for impairment annually at the reporting all level. The Company also less for impairment if events and circumstances indicate that is more likely that that the fair value of a reporting unit is below is carrying amount. If the carrying amount of the reporting it is greater than the fair value, impairment may be present. The Company measures the amount of any goodwill impairment by comparing the fair value to the carrying value of the reporting unit. An impairment charge is recognised to the extent the carrying value of the reporting unit reeds the fair value. The Company evaluate indefinite-lived intangible assets (primarily trademarks and trademame) for impairmently. The Company also tests for Impairment if events and circumstances indicate that it is more likely that the fair value of an indefinite lived intangible asset is below the carrying amount The following table reflects goodwill activity for fiscal 2020 and 2019 (in milli Goodwill balance of December 31, 2018 3.14 Acquisitions Other 0169 Goodwill balance as of December 31, 2019 ST700 Aegulations Other 156 Goodwill balance of December 31, 2020 11 Total amortion experte for intangible to main S157 and 5192 million 2020 and 2019.Respectively. C Focus AalbCede Aubbed AaBb ABCDE AaBbbende Normal Heading Tite No Stand Heading Subtitle Styles Pane Problem 2(11 polata) Die Newell Brand, la financial statement to answer to the following questions 1. According to the footnotes, what was the Inltal alculation of the Property, Plant, and Equipment that Newell Brands own u of December 31, 202071 point) 2 According to the footnotes, what is the languistics of land that Newell Brands ows of December 31, 20207 (polit) & According to the footholes, which of the following methode does Newell Brands me to depreciates Property, Mut and liquipment (Circle) (1 point) Sursight-Line Double-Declining Balance Daisal Activity Reside the 2020 in local ente (both accounts and amounta) that Newell Brands made to record depreciation en la property and Equipment. Assume that Newell Brands makes se adjusting journal entry for depreciation expense at the end of each flac yeu as part of its adjusting entries points 5. Does Newell Brands Goodwill footnote that the company equired any other companies during flea 2387 (Cirelepon YES NO company aspired any other companies during final 2018 Does Newell Goodwife Carelepit YES NO 7. Die2020.exe) Newell Brands made to end amortis fed tangible An Amer Newell Brands senegal by few the end of end final sef adjusting telespet) A A Aa v PO 1 Avg Av X, Newell Brands, Inc. Financial Statements (partial) newell Consolidated Balance Sheets la millions of dollars As of ASSETS Dec 31, 2030 Cash and cash equivalents 5951 Accounts receivable, net 1,678 Inventories 1,638 Prepaid expenses and other current assets 331 Total current 54,423 Property, plant, and equipment, net 1,176 Goodwill 3.353 Other long-term askets 5.343 Total 14 As of Dec 31, 2019 5349 1,842 1,606 313 54110 1,155 3,709 6,668 C36449 $ 1,526 236 S103 204 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Wages payable Current portion of long-term debe Other current abilities Total current liabilities Longcomm debit Other Reliabilities Total liabilities Como Retained earning Total stockholders Total des and stockholders guilty 1,393 3.421 5.141 2,035 10.800 1,340 2.972 5,391 482 2,00 S 140 10.646 6,447 569 4.985 16602 No Spacing Heading Heading 2 Title Subtitle Did Styles Pane Notes to Consolidated Financial Statements (partial Footnote 1. Summary or Significant Accounting Policies 1.1. Description of Business Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermalda, Paper Mate, Sharpie, Dymo, EXPOX, Parkers, Filmer's, Coleman, Marmola, Ostere, Sunbeam, FoodSaver, Mr. Cofices, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon Center, First Alena, Map, Senter and Yankee Candles Newell Brands is committed to enhancing the lives of consumers around the world with planet friendly, innovative and attractive products that create moments of joy and provide peace of mind. The Company sells its products in nearly 200 countries around the world and has operations on the ground in over 40 of these countries, excluding third party distributors. 6. Property, Plant, and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are expensed as incurred. Depreciation expense is calculated principally on the straight-line basis Useful lives determined by the Company are as follows: buildings and improvements (20-40 years) and machinery and equipment - 15 years). Depreciation expense was $200 million, and $254 million in 2020, and 2019, respectively The following table summarizes property and equipment (in milion As of December 31. 2030 2013 Land S6 STAK Buildings and improvements 664 641 Machinery and equipment 2314 2.151 Total property.plant and equipment 3,064 Accumulated depreciation (1.833 0.723 Property, plant and equipment, net S1,176 S1,155 7. Goodwill and Intangible Assets The Company evaluates goodwill for impairment annually at the reporting all level. The Company also less for impairment if events and circumstances indicate that is more likely that that the fair value of a reporting unit is below is carrying amount. If the carrying amount of the reporting it is greater than the fair value, impairment may be present. The Company measures the amount of any goodwill impairment by comparing the fair value to the carrying value of the reporting unit. An impairment charge is recognised to the extent the carrying value of the reporting unit reeds the fair value. The Company evaluate indefinite-lived intangible assets (primarily trademarks and trademame) for impairmently. The Company also tests for Impairment if events and circumstances indicate that it is more likely that the fair value of an indefinite lived intangible asset is below the carrying amount The following table reflects goodwill activity for fiscal 2020 and 2019 (in milli Goodwill balance of December 31, 2018 3.14 Acquisitions Other 0169 Goodwill balance as of December 31, 2019 ST700 Aegulations Other 156 Goodwill balance of December 31, 2020 11 Total amortion experte for intangible to main S157 and 5192 million 2020 and 2019.Respectively. C Focus