Ratio of Liabilities to Stockholders' Equity and Number of Times Interest Charges are Earned Hasbro 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 Current liabilities $960,435 $1,716,012 Long-term debt 1,396,421 1,100,000 Deferred liabilities 461,152 643,729 Total liabilities $2,818,008 $3,459,741 Shareholders' equity: Common stock $104,847 $441,369 Additional paid in capital 655,943 1,727,682 Retained earnings 3,354,545 3,515,181 Accumulated other comprehensive loss and other equity items (72,307) (464,486) Treasury stock, at cost (2,535,649) (2,152,702) Total stockholders' equity $1,507,379 $3,067,044 Total liabilities and stockholders' equity $4,325,387 $6,526,785 The income from operations and interest expense from the income statement for each company were as follows (in thousands): Hasbro Mattel Income from operations (before income tax) $453,402 $945,045 Interest expense 117,403 88,835 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Hasbro Inc. Mattel Inc. b. Determine the number of times interest charges are earned for both companies. Round to one decimal place. Hasbro Inc. Mattel Inc.