Hasbro Mattel Current liabilities Long-term debt Total liabilities $1,252 $1,624 2,208 3,357 $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. ANSWER Check Figure: a. Hasbro, 65.4% b. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. c. Determine the times interest earned for both companies. Round to one decimal place. d. Interpret the ratio differences between the two companies