Disclosure Analysis Paper

The company that I chose to use as the basis for this title was Mattel, Inc. and Subsidiaries. They have their most recent financial statements available powerful on their website. This paper will analyze the disclosures related to gold and change equivalents, receivables, and store. It will also identify the components of currency and cash equivalents. Cash and Cash EquivalentsThe end planing machine lists a end for cash and equivalents at $997,734 (in thousands). The disclosure for cash and equivalents notes that this includes short-term, highly evident investments that have maturities of three-months or less. These investments atomic number 18 express at cost, which it notes is alike(p) to market. Accounts ReceivableAccounts Receivable includes Allowance for Doubtful Accounts and has a chemical equilibrium of $760,643 (in thousands) on the balance sheet. The disclosures for this account note that Mattel grants honorable point of reference on an unbarred basis. Each guest must afford extensive evaluations on an ongoing basis to receive credit rating from Mattel, they are so set up with credit limits and earnings terms. Each customer is reviewed at least once a year, Customers that are perceived to be a credit jeopardize are mandatory to provide a letter of credit, they may be required to factor or purchase more or less form of credit insurance with a third party, finally for some they are required to pay in dismiss 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 ascertain cost. ConclusionMattel appears to! be a stalls company that will be around for a unyielding time. They evaluate customers extensively onward giving them any physique of credit. For high-risk customers they have different requirements. I believe that Mattel provided comme il faut disclosure for Cash and equivalents, accounts receivable, If you hope to get a replete essay, order it on our website: OrderEssay.net

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