Business, 31.08.2021 04:40 eiza666

Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars. Accounts Payable $ 519,700
Accounts Receivable 461,600
Advertising Expense 80,100
Cash (January 1, 2016) 664,700
Cash (October 1, 2016) 675,130
Common Stock 832,200
Equipment 255,700
Office Expenses 114,200
Income Tax Expense 18,600
Interest Expense 2,900
Inventories 215,300
Notes Payable 54,000
Operating Expenses 63,400
Retained Earnings (January 1, 2016) 260,600
Sales Revenue 507,130
Supplies 86,700
Other cash flow information:
Cash received from issuing common stock $ 39,430
Cash paid to purchase equipment 67,100
Cash paid to suppliers and employees 489,000
Cash received from customers 526,700
Cash received from sale of long-term assets 400
Dividends paid to stockholders 0
Prepare a statement of retained earnings for the nine months ended October 1, 2016. (Enter your answers in thousands.)
Prepare a balance sheet for the nine months ended October 1, 2016. (Enter your answers in thousands.)
Prepare a statement of cash flows for the nine months ended October 1, 2016. (Cash outflows should be entered as negative amounts. Enter your answers in thousands.)

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 12:50

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

Answers: 2

Answer

Business, 22.06.2019 14:00

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.

Answers: 1

Answer

Business, 22.06.2019 20:50

Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?

Answers: 1

Answer

Business, 22.06.2019 21:30

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Answers: 1

Answer

You know the right answer?

Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. It...

Questions