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Use the following selected balance sheet and income statement data for Mattel Inc. (in $ thousands) to compute a) return on equity, b) profit margin

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. (Show your work as I award partial credit.) (in thousands) Net sales Operating income Interest expense Net income Total assets Total liabilities 2016 2015 $5,456,650 $5,702,613 519,233 540,922 95,118 85,270 318,022 369,416 6,493,794 6,535,143 4,086,012 3,901,889
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Use the following selected balance sheet and income statement data for Mattel Inc. (in $ thousands) to compute a) retum on equity, b) profit margin (PM), c) asset turnover (AT), and d) financial leverage (FL) for fiscal 2016 Show that ROE =PMATFL. (Showyour work as loward partial credit)

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