Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need to find the ROE, ROA, PM , GPM , Interest Coverage, and Changne in Revenue Ratios for Hasbro using only the income statement

I need to find the ROE, ROA, PM, GPM, Interest Coverage, and Changne in Revenue Ratios for Hasbro using only the income statement and the balance sheet from the SEC.gov website. I also need this info for the last 3 years. 2023,2022, & 2021. I have already done the work I simply need to know if I used the correct information for the formulas. Can you either tell me exactly what line to use for the formulas or give me the ratios so that I may see if they line up with information I have?
I used sec.gov website. I used both the Consolidated Balance Sheets and the Consolidated Statements of Operations.
In that I got the following ratios for the 2023 financial statement of HASBRO. If I got these right then I can do the rest on my own. If not please let me know which numbers and which specific subjects as listed on the financial statements I should use.
ROE =-31.13%
ROA =-22.75%
PM/GPM =65.90%
Interest Coverage =-825.98%
Change in Revenue =-14.57%
I used net earnings for net income 1487.8
I used additional payed in capital from the balance sheet for part of shared equity 2590.6
I also used retained earnings from the balance sheet for the other part of shared equity (i added them)2188.4
total asstets => total assets 6540.9
gpm => net revenue 5003.3- COGS cost of sales 1706.0/ net revenue 5003.3
and i think i got interest coveragfe ratio wrong and maybe change in revenue depending on if what i chose was right or not
image text in transcribed

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

Step: 3

blur-text-image

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

The Economics Of Money Banking And Financial Markets

Authors: Frederic S. Mishkin

12th Global Edition

1292268859, 978-1292268859

More Books

Students also viewed these Finance questions

Question

3. Contrast relational contexts in organizations

Answered: 1 week ago

Question

2. Describe ways in which organizational culture is communicated

Answered: 1 week ago

Question

1. Describe and compare approaches to managing an organization

Answered: 1 week ago