Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Use attached Balance Sheet HASBRO, INC. AND SUBSIDIARIES Consolidated Balance Sheets December 29, 2019 and December 30, 2018 (Thousands of Dollars Except Share Data) 2019

Use attached Balance Sheet

image text in transcribed
HASBRO, INC. AND SUBSIDIARIES Consolidated Balance Sheets December 29, 2019 and December 30, 2018 (Thousands of Dollars Except Share Data) 2019 2018 ASSETS Current assets Cash and cash equivalents ........ . . . . . . ...... ... ................................... $ 4,580,369 1,182,371 Accounts receivable, less allowance for doubtful accounts of $17,200 in 2019 and $9,100 in 2018 . . .. . 1,410,597 1,188,052 Inventories . 446,105 443,383 Prepaid expenses and other current assets . 310,450 268,698 Total current assets 6,747,521 3,082,504 Property, plant and equipment, net . .. . . . . .. 382,248 256,473 Other assets Goodwill . . . . . . . . 494,584 485,881 Other intangibles, net . . . 646,305 693,842 Other . .. 584,970 744,288 Total other assets 1,725,859 1,924,On1 Total assets $ 8,855,628 5,262,988 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Short-term borrowings 503 9,740 Accounts payable 343,927 333,521 Accrued liabilities . . . 912,652 931,063 Total current liabilities 1,257,082 1,274,324 Long-term debt . 4,046,457 1,695,092 Other liabilities 556,559 539,086 Total liabilities 5,860,098 3,508,502 Shareholders' equity Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued . . . . . . . . . . . . Common stock of $0.50 par value. Authorized 600,000,000 shares; issued 220,286,736 shares as of 2019 and 209,694,630 shares as of 2018 . ...... . 110,143 104,847 Additional paid-in capital . . .. . . 2,275,726 1,275,059 Retained earnings . .. 4,354,619 4,184,374 Accumulated other comprehensive loss . . . . . . . . . . (184,220) (294,514) Treasury stock, at cost, 83,424,129 shares in 2019 and 83,565,598 shares in 2018 . . . (3,560,738) (3,515,280) Total shareholders' equity . . . 2,995,530 1,754,486 Total liabilities and shareholders' equity . $ 8,855.628 5.262 988

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Edexcel AS And A Level Mathematics Pure Mathematics Year 1/AS

Authors: Greg Attwood

1st Edition

129218339X, 978-1292183398

Students also viewed these Accounting questions