Question
Use the following selected balance sheet and income statement data for Mattel Inc. (in $ thousands) to compute a) return on equity, b) profit
Use the following selected balance sheet and income statement data for Mattel Inc. (in $ thousands) to compute a) return on equity, b) profit margin (PM), c) asset turnover (AT), and d) financial leverage (FL) for fiscal 2016. Show that ROE = PM x ATX FL. (in thousands) Net sales Operating income Interest expense Net income Total assets Total liabilities 2016 $5,456,650 519,233 95,118 318,022 6,493,794 4,086,012 2015 $5,702,613 540,922 85,270 369,416 6,535,143 3,901,889
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
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