Disclosure Analysis Paper

The company that I chose to use as the basis for this designation was Mattel, Inc. and Subsidiaries. They have their most recent financial statements available aright on their website. This paper will analyze the disclosures related to notes and change equivalents, receivables, and farm animal. It will also identify the components of cash in and cash equivalents. Cash and Cash EquivalentsThe end planing machine lists a relief for cash and equivalents at $997,734 (in thousands). The disclosure for cash and equivalents notes that this includes short-term, highly obvious investments that have maturities of three-months or less. These investments atomic number 18 give tongue to at cost, which it notes is alike(p) to market. Accounts ReceivableAccounts Receivable includes Allowance for Doubtful Accounts and has a sense of equilibrium of $760,643 (in thousands) on the balance sheet. The disclosures for this account note that Mattel grants honorable reference on an unbarred basis. Each guest must tolerate extensive evaluations on an ongoing basis to receive assign from Mattel, they are so set up with credit limits and pay terms. Each customer is reviewed at least once a year, Customers that are perceived to be a credit bump are mandatory to provide a letter of credit, they whitethorn be required to factor or purchase almost form of credit insurance with a third party, finally for some they are required to pay in occur for their purchases.

InventoriesThe balance sheet lists inventories with a balance of $376,897 (in thousands). Mattel values its inventory at get off of cost or market, and uses the first-in, first-out (FIFO) for find c ost. ConclusionMattel appears to be a stall! s company that will be around for a unyielding time. They evaluate customers extensively in front giving them any physique of credit. For high-risk customers they have otherwise requirements. I believe that Mattel provided comme il faut disclosure for Cash and equivalents, accounts receivable, If you pauperization to get a replete essay, order it on our website: OrderEssay.net

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