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Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars. Accounts Payable $ 519,700 Accounts
Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars.
Accounts Payable | $ | 519,700 | |
Accounts Receivable | 461,600 | ||
Advertising Expense | 80,100 | ||
Cash (January 1, 2016) | 664,700 | ||
Cash (October 1, 2016) | 675,130 | ||
Common Stock | 832,200 | ||
Equipment | 255,700 | ||
Office Expenses | 114,200 | ||
Income Tax Expense | 18,600 | ||
Interest Expense | 2,900 | ||
Inventories | 215,300 | ||
Notes Payable | 54,000 | ||
Operating Expenses | 263,400 | ||
Retained Earnings (January 1, 2016) | 260,600 | ||
Sales Revenue | 507,130 | ||
Supplies | 86,700 | ||
Other cash flow information: | |||
Cash received from issuing common stock | $ | 39,430 | |
Cash paid to purchase equipment | 67,100 | ||
Cash paid to suppliers and employees | 489,000 | ||
Cash received from customers | 526,700 | ||
Cash received from sale of long-term assets | 400 | ||
Dividends paid to stockholders | 0 | ||
Prepare a statement of retained earnings for the nine months ended October 1, 2016. (Enter your answers in thousands.)
Prepare a balance sheet for the nine months ended October 1, 2016. (Enter your answers in thousands.)
Prepare a statement of cash flows for the nine months ended October 1, 2016. (Cash outflows should be entered as negative amounts. Enter your answers in thousands.)
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