Examine Mattel's 2021 Annual report, which can be found on Mattel's website (look under About Us, Corporate and then Investors).

In the annual report refer to the Consolidated Balance sheets and answer the following questions:

Calculate Mattel's current ratio at year end 2021 and 2020? Compare the ratio for 2021 to 2020 and explain if this is an improvement or a worsening of liquidity. (show the calculations and then write a sentence or two)

Now calculate the debt to equity ratio for 2021 and 2020. Does the company have more or less leverage? Note you need to use the total debt number. If Mattel's balance sheet does not identify the total debt amount, you can back into it by subtracting stockholders equity from the total debt and euity. (again show calculations then write a sentence or two)

Next look at the Consolidated Statement of Operations (the Income Statement)

What has happened to sales and net income over the last three years? (Write few sentences and incorporate data, eg percentage increase or decrease in sales and net income)

Would you invest in Mattel stock? Why or why not? (This is your opinion and there is no right or wrong answer but you need to provide support for your decision.)