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Debt ratio, ratio of liabilitiesTo stockholders equity, and times interest earned. Hasbro and Mattell, Inc. are the two largest 20 companies in North America. Liability

Debt ratio, ratio of liabilitiesTo stockholders equity, and times interest earned.
Hasbro and Mattell, Inc. are the two largest 20 companies in North America. Liability and stockholders equity data from recent mail at sheets are showing for each company below (in millions)
Previous answers on this are not correct for the picture below letter a. Thank you in advance.
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Chapter 9 Exercises (Not Graded) B Debt ratio, Ratio of Liabilities to Stockholders' Equity, and Times Interest Eamed (HAS) and Mattel, Inc. (MAT), are the two largest toy companies in North America. Liablity and stockholders' equity data from recent balance sheets are shown for each company below (in millions) Hasbro $ 1,065 1,952 $ 3,017 1,704 $ 4,721 Mattel $ 1,646 2,274 3,920 2,633 s 6,553 Current liabilities Long-term debt Total liabilities Total stockholders' equity Total liabilities and stockholders' equity 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 Interest expense a. Determine the debt ratio for both companies. Round to one decimal place. $604 $464 97 85 Hasbro Mattel, Inc. X % b. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hasbro Mattel, Inc. c. Determine the times interest earned for both companies. Round to one decimal place Hasbro Mattel, Inc. 1.8 1.5 6.5 e what condusions can be drawn from these dats as to the ability of these two comparies to met their interest obigations? Earnings appear more than enough for both companies to make their required interest payments. v Check My Work Previous Next

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