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 $3,207,000 $5,661,000 Long-term debt 1,726,600 2,247,000 Other liabilities _ 1,078,500 Total liabilities $4,933,600 $8,986,500 Shareholders' equity: Common stock $240,000 $1,078,000 Additional paid in capital 740,000 3,954,000 Retained earnings 4,605,000 4,074,000 Accumulated other comprehensive income (loss) and other equity items 53,000 (659,000) Treasury stock, at cost (2,114,000) (2,456,000) Total stockholders' equity $3,524,000 $5,991,000 Total liabilities and stockholders' equity $8,457,600 $14,977,500 The income from operations and interest expense from the income statement for both companies were as follows (in thousands): Hasbro Mattel Income from operations (before income tax) $937,000 $2,563,120 Interest expense 93,700 278,600 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hasbro, Inc. Mattel Inc. b. Determine the times interest earned ratio for both companies. Round to one decimal place. Hasbro, Inc. Mattel Inc. c. Hasbro, Inc. provides a slightly margin of safety to creditors. Earnings for both companies appear to make interest payments.