5. In its December 31, 2016, annual report, Mattel, Inc. reports the following items: $...
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5. In its December 31, 2016, annual report, Mattel, Inc. reports the following items: $ thousands 2016 Retained earnings, December 31, 2015 Treasury stock, December 31, 2015 Treasury stock, December 31, 2016 Net income for 2016 Contributed capital, December 31, 2015 Dividends during 2016 Stock issued during 2016 $3,745,815 (2,494,901) (2,246,749) 318,022 2,231,239 518,478 962 Please fill in the ending balance to total equity for Mattel, Inc. for the year ended December 31, 2016. 6. Assets are recorded in the balance sheet in order of A) Market Value B) Historic Value C) Liquidity D) Maturity E) None of the above 7. As inventory and property plant and equipment on the balance sheet are consumed, they are reflected A) As a revenue on the income statement B) As an expense on the income statement C) As a use of cash on the statement of cash flows D) On the balance sheet because assets are never consumed E) Both B and C because the financial statements articulate
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