=+EX 17-13 Ratio of liabilities to stockholders equity and number of times interest charges earned obj. 2

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=+EX 17-13 Ratio of liabilities to stockholders’ equity and number of times interest charges earned obj. 2

a. Ratio of liabilities to stockholders’

equity, Dec. 31, 2010, 0.6 Hasbro 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 Current liabilities $ 905,873 $1,582,520 Long-term debt 494,917 635,714 Other liabilities — 304,676 __________ __________ Total liabilities $1,400,790 $2,522,910 __________ __________

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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