Hasbro (HAS) and Mattel, Inc. (MAT), are the two largest toy companies in North America. Liability and stockholders' equity data from recent balance sheets are shown for each company below (in millions): Hasbro Mattel Current liabilities $ 1,252 $ 1,624 Long-term debt 2,208 3,357 Total liabilities $ 3,460 $ 4,981 Total stockholders' equity 1,830 1,257 Total liabilities and stockholders' equity $ 5,290 $ 6,238 The income from operations and interest expense from the income statement for both companies were as follows (in millions): Hasbro Mattel Income (loss) from operations before tax $786 $(505) Interest expense 98 105 a. Determine the debt ratio for both companies. Round to one decimal place. Hasbro Mattel, Inc. b. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hachro

Hasbro (HAS) and Mattel, Inc. (MAT), are the two largest toy companies in North America. Liability and stockholders' equity data from recent balance sheets are shown for each company below (in millions): Hasbro Mattel Current liabilities $ 1,252 $ 1,624 Long-term debt 2,208 3,357 Total liabilities $ 3,460 $ 4,981 Total stockholders' equity 1,830 1,257 Total liabilities and stockholders' equity $ 5,290 $ 6,238 The income from operations and interest expense from the income statement for both companies were as follows (in millions): Hasbro Mattel Income (loss) from operations before tax $786 $(505) Interest expense 98 105 a. Determine the debt ratio for both companies. Round to one decimal place. Hasbro Mattel, Inc. b. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hachro

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 16P: Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for...

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Ratio of Liabilities to Stockholders' Equity and Times Interest Earned Hasbro, Inc. (HAS), and Mattel, Inc. (MAT), are the two largest toy companies in North America. Condensed liabilities and stockholders’ equity from a recent balance sheet are shown for each company as follows (in thousands): Hasbro Mattel Liabilities: Current liabilities $1,617,859 $1,505,573 Long-term debt 1,588,067 2,580,439 Total liabilities $3,205,926 $4,086,012 Total stockholders’ equity $1,862,736 $2,407,782 Total liabilities and stockholders’ equity $5,068,662 $6,493,794 The operating income and interest expense from the income statement for each company were as follows (in thousands): Hasbro Mattel Operating income (before income tax expense) $692,489 $409,472 Interest expense 97,405 95,118 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hasbro Inc. Mattel Inc.…
Barger Corporation has the following data as of December 31, 2024: Total Stockholders' Equity Total Current Liabilities Total Current Assets $ 36,210 58,200 181,630 Other Assets Long-term Liabilities Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = = C $? 45,600 269,640 Debt to equity ratio
Hasbro, Inc. (HAS), and Mattel, Inc.-(MAT), are the two largest toy companies in North America. Condensed liabilities and stockholders' equity from a recent balance sheet are shown for each company as follows (in thousands): Hasbro Mattel Liabilities: Current liabilities $1,617,859 $1,505,573 Long-term debt 1,588,067 2,580,439 Total liabilities $3,205,926 $4,086,012 Total stockholders' equity $1,862,736 $2,407,782 Total liabilities and stockholders' equity $5,068,662 $6,493,794 The operating income and interest expense from the income statement for each company were as follows (in thousands): Hasbro Mattel Operating income (before income tax expense) $692,489 $409,472 Interest expense 97,405 95,118 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hasbro Inc. 1.72 X Mattel Inc. 1.7 V b. Determine the times interest earned ratio for both companies. Round to one decimal place. Hasbro Inc. 7.11 X Mattel Inc. 4.3 X
Ratio of Liabilities to Stockholders' Equity and Times Interest Earned Hasbro, Inc. and Mattel, Inc. are the two largest toy companies in North America. Condensed liabilities and stockholders' equity from a recent balance sheet are shown for each company as follows (in thousands): Hasbro Mattel Liabilities: Current liabilities $1,951,000 $3,482,000 Long-term debt 1,050,200 1,382,000 Other liabilities _ 663,600 Total liabilities $3,001,200 $5,527,600 Shareholders' equity: Common stock $170,000 $765,000 Additional paid in capital 525,000 2,806,000 Retained earnings 3,269,000 2,892,000 Accumulated other comprehensive income (loss) and other equity items 38,000 (468,000) Treasury stock, at cost (1,501,000) (1,743,000) Total stockholders' equity $2,501,000 $4,252,000 Total liabilities and stockholders' equity $5,502,200 $9,779,600 The income…
Barger Corporation has the following data as of December 31, 2024: Total Current Liabilities $ 36,210 Total Stockholders' Equity $? Total Current Assets 25,680 Other Assets 45,600 Long-term Liabilities 154,740 Property, Plant, and Equipment, Net 246,970 Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) Total liabilities Total stockholders' equity Debt to equity ratio +
Ratio of Liabilities to Stockholders' Equity and Times Interest Earned Hasbro, Inc. and Mattel, Inc. are the two largest toy companies in North America. Condensed liabilities and stockholders' equity from a recent balance sheet are shown for each company as follows (in thousands): Hasbro Mattel Liabilities: Current liabilities $2,788,000 $5,359,000 Long-term debt 1,500,800 2,127,000 Other liabilities _ 1,020,400 Total liabilities $4,288,800 $8,506,400 Shareholders' equity: Common stock $243,000 $1,094,000 Additional paid in capital 751,000 4,010,000 Retained earnings 4,670,000 4,131,000 Accumulated other comprehensive income (loss) and other equity items 54,000 (668,000) Treasury stock, at cost (2,144,000) (2,491,000) Total stockholders' equity $3,574,000 $6,076,000 Total liabilities and stockholders' equity $7,862,800 $14,582,400 The…
Burkhart Corporation has the following data as of December 31, 2024: Total Current Liabilities $ 45,380 Total Stockholders' Equity Total Current Assets 35,720 Other Assets Long-term Liabilities 140,245 Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = $? 37,400 261,005 Debt to equity ratio
Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of 75,000,000, and total assets of 169,000,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.
Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for 20X3 it as follows (amounts in millions): Required: Next Level Compute the following for 20X3. Provide a brief description of what each ratio reveals about McCormick 1. return on common equity 2. debt-to-assets 3. debt-toequity 4. current 5. quick (McCormick uses cash and equivalents, short-term securities and receivables in their quick ratio calculation.) 6. inventory turnover days 7. accounts receivable turnover days 8. accounts payable turnover days 9. operating cycle (in days) 10. total asset turnover Use the following information for 14-17 and 14-18: The Hershey Company is one of the worlds leading producers of chocolates, candies, and confections. It sells chocolates and candies, mints and gums, baking ingredients, toppings, and beverages. Hersheys consolidated balance sheets for 20X2 and 20X3 follow.
listed below is that ACME toy Companty's liablities and owner's equity section from their financial statement. 1). What is the company's dept ratio and intrest debt ratio. 2).If the market value of the company is $50 million dollars, what is firm's debt to value ratio? Statement Liadlities Current liablitits AP 10000000 Currnt debt 2000000 Total current liablity 12000000 Long tearm Debt 55000000 Stock holder 16500000 Total 83500000
Hasbro (HAS) and Mattel, Inc. (MAT), are the two largest toy companies in North America. Liability and stockholders’ equity data from recent balance sheets are shown for each company below (in millions): Hasbro Mattel Current liabilities $ 1,065 $ 1,646 Long-term debt 1,952 2,274 Total liabilities $ 3,017 $ 3,920 Total stockholders' equity 1,704 2,633 Total liabilities and stockholders' equity $ 4,721 $ 6,553 The income from operations and interest expense from the income statement for both companies were as follows (in millions): Hasbro Mattel Income from operations before tax $604 $464 Interest expense 97 85 a. Determine the debt ratio for both companies. Round to one decimal place. Hasbro fill in the blank 1 % Mattel, Inc. fill in the blank 2 % b. Determine the ratio of liabilities to stockholders’ equity for both companies. Round to one decimal place. Hasbro fill in the blank 3 Mattel, Inc. fill in the blank 4…
Data from the financial statements of Snoopy Co and Woodstock, Inc., two pet food chains are presented below. To the nearest hundredth, what is the 2021 debt-to-equity ratio for Snoopy, Co.? Snoopy Co. Woodstock, Inc. Total liabilities, 2021 …...... $45,000 $25,000 Total liabilities, 2020 …...... 55,000 20,000 Total assets, 2021 ……...... 65,000 30,000 Total assets, 2020 ……....... 68,000 32,000 Revenue, 2021 ………….... 201,000 80,000 Net income, 2021 ....... 2,300 1,100