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I am not sure what I am doing wrong for the increase and decreasing values based on the percentages and I also can't figure out
I am not sure what I am doing wrong for the increase and decreasing values based on the percentages and I also can't figure out how to do the ratios or find the other current liabilities if you need the 10-k for mattel I know you can find it on google but I also attached the balance sheet I was able to use
1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousandss. 2. The compary projects the following to occur in the next fiscal year: - Accounts payable will decrease by 14%. - Other current liabilities are expected to increase by 20%. - Cash flow from operations is expected to increase by 6%. 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 thousands. 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousandss. 2. The compary projects the following to occur in the next fiscal year: - Accounts payable will decrease by 14%. - Other current liabilities are expected to increase by 20%. - Cash flow from operations is expected to increase by 6%. 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 thousandsStep by Step Solution
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