Ratio of Liabilities to Stockholders' Equity and Times Interest Earned 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 Long-term debt Other liabilities Total liabilities Shareholders' equity: Common stock Additional paid in capital $2,283,000 $4,104,000 1,229,300 1,628,000 781,600 $3,512,300 $6,513,600 $217,000 $977,000 671,000 3,582,000 4,173,000 3,691,000 Retained earnings Accumulated other comprehensive income (loss) and other equity items 48,000 (597,000) Treasury stock, at cost (1,916,000) (2,225,000) Total stockholders' equity Total liabilities and stockholders' equity $3,193,000 $6,705,300 $5,428,000 $11,941,600 The Income from operations and Interest expense from the income statement for both companies were as follows (in thousands): Hasbro Mattel Income (loss) from operations (before income tax expense) $953,810 $2,220,900 Interest expense 66,700 201,900 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place. Hasbro, Inc. Mattel, Inc. b. Determine the times interest earned ratio for both companies. Round your answers to one decimal place. Hasbro, Inc. Mattel, Inc. c. Hasbro, Inc. provides a slightly better margin of safety to creditors. Earnings for both companies appear adequate to make interest payments. Asset turnover Three major segments of the transportation industry are motor carriers such as Atlantic Worldwide, railroads such as Pacific, and transportation logistics services such as Mediterranean. Recent financial statement information for these three companies follows (in thousands): Sales Average total assets Atlantic _ Pacific Mediterranean $1,625,610 774,100 $432,090 1,440,300 $1,940,840 441,100 a. Determine the asset turnover for all three companies. Round your answers to two decimal places. Atlantic Pacific Mediterranean