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