In its December 31, 2011 annual report, Mattell, Inc. reports the following items.
($ thousands) 2011
Net cash flows from operating activities $ 664,693
Net sales 6,266,037
Stockholders equity 2,610,603
Net cash flows from financing activities (402,199)
Total assets 5,671,638
Cash, ending year 1,369,113
Expenses 5,497,529
Noncash assets 4,302,525
Net cash flows from investing activities (174,504)
Net income 768,508
Cash, beginning year $1,281,123
a. Prepare the balance sheet for Mattel, Inc. for December 31, 2011.
Mattel, Inc.
Balance Sheet
December 31, 2011
Cash Total liailities
Non-cash assets Stockholders' equity
Total assets Total liabilities and quity
b. Prepare the income statement for Mattel, Inc. for the year ended December 31, 2011.
Mattel, Inc.
Income Statement
For Year Ended December 31, 2011
Net sales
Expenses
Net income
c. Prepare the statement of cash flows for Mattel, Inc. for the year ended December 31, 2011.
