Sepeember 30, Unaedited; in thousands, except ASSETS Current Assets Cash and equ

Question

Sepeember 30, Unaedited; in thousands, except ASSETS Current Assets Cash and equivalents Accounts receivable, net 297,089 1,528,808 910,546 42,362 3,078,805 181,308 $ 1,506,145 989,995 Prepaid expenses and other current assets 352 711 Total current assets Noncurrent Assets Property, plant, and equipment, net Goodwill Other noncurrent assets 821,228 1,397,642 747,451 1392,155 430,456 6.648 867 Total Assets 6.199.684 S 10. Using the Mattel Balance Sheet below, identify the following as: Operating assets (O) or Non-operating assets (NO) Cash and Cash Equivalents Property, plant & equipment Goodwill

Explanation / Answer

Operating assets are those assets that are acquired to generate revenue which is use in the conduct of the ongoing operations of a business; this means assets that are needed to generate revenue.

Non operating assets are those which are possessed by the business but are not used in the day to day opertions of the business.

Based on this defination these assets are classified as:

Cash and cash equivalents is Operating Assets

Property, plant and equipment is Operating Assets

Inventories are Operating Assets

Goodwill is Operating Assets

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