Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need the breakdown so how would you do this? this is the old breakdown - using the right formula give me the breakdown with

i need the breakdown so how would you do this? this is the old breakdown - using the right formula give me the breakdown with the right formula -For 2023: 1. Operating Loss: 1,538.81,538.8 million 2. Tax Benefit: 221.3221.3 million NOPAT Calculation: NOPAT=1,538.8+221.3=1,317.5 millionNOPAT=1,538.8+221.3=1,317.5 million 3. Total Assets: 6,540.96,540.9 million 4. Current Liabilities: 2,056.42,056.4 million Capital Employed Calculation: Capital Employed=6,540.92,056.4=4,484.5 millionCapital Employed=6,540.92,056.4=4,484.5 million 5. ROCE for 2023: ROCE=(1,317.54,484.5)100=29.38ROCE=(4,484.51,317.5)100=29.38 For 2022: 1. Operating Profit: 407.7407.7 million 2. Tax Expense: 58.558.5 million NOPAT Calculation: NOPAT=407.758.5=349.2 millionNOPAT=407.758.5=349.2 million 3. Total Assets: 9,295.99,295.9 million 4. Current Liabilities: 2,189.72,189.7 million Capital Employed Calculation: Capital Employed=9,295.92,189.7=7,106.2 millionCapital Employed=9,295.92,189.7=7,106.2 million 5. ROCE for 2022: ROCE=(349.27,106.2)100=4.91ROCE=(7,106.2349.2)100=4.91 Analysis The ROCE for Hasbro has decreased significantly from 4.91% in 2022 to -29.38% in 2023. This decline indicates a substantial reduction in the efficiency with which Hasbro is using its capital to generate profits. The negative ROCE in 2023 is primarily due to the operating loss, which was partially offset by a tax benefit but still resulted in a negative NOPAT. This analysis highlights the challenges Hasbro faced in 2023, impacting its profitability and capital efficiency. If you have a

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

13th Edition

9780470374948, 470423684, 470374942, 978-0470423684

More Books

Students also viewed these Accounting questions