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Hi! I need help solving this entire question. I ahve uploaded most of the financial statements. Refer to the 10K for Mattel. Required: 1. What
Hi! I need help solving this entire question. I ahve uploaded most of the financial statements.
Refer to the 10K for Mattel. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions. 2. The company projects the following to occur in the next fiscal year: - Accounts payable will decrease by 12%. - Other current liabilities are expected to increase by 19%. - Cash flow from operations is expected to increase by 9%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest million. a. Cash b. Short-term investments (or marketable securities) Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest million. 3. Compute the forecasted current ratio for the next fiscal year. Round your answer to two decimal places. 4. Compute the forecasted quick ratio for the next fiscal year. Round your answer to two decimal places. 5. Compute the forecasted cash ratio for the next fiscal year. Round your answer to two decimal places. 6. Compute the forecasted operating cash flow ratio for the next fiscal year. Round your answer to two decimal places. MATTEL, INC. AND SUBSIDIARIES CONSOL.IDATED BALANCE SHEETS The accompanying notes are an integral part of these consolidated financial statements. MATTEL, INC. AND SUBSTDIARTES CONSOLIDATED STATEMENTS OF OPERATIONS The accownanying notes ane an infegral part of ilese convolidaled financial shatementr. MATTEL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPRTHENSIVE INCOME (LOSS) The accompanying notes are an integral part of these consolidated financial statementy. MATTEL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS The accompanying notes are an integral part of these cortsolidafed financial starements Step by Step Solution
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