Use the following selected balance sheet and income statement data for Mattel Inc. (in $ thousands) to compute a) return on equity, b) profit margin (PM), c) asset turnover (AT), and d) financial leverage (FL) for fiscal 2013. Show that ROE = PM AT FL.

(in thousands)	2013	2012
Net sales	$6,484,892	$6,420,881
Operating income	1,168,103	1,021,015
Interest expense	5,555	6,841
Net income	903,944	776,464
Total assets	6,439,626	6,526,785
Total liabilities	3,188,067	3,459,741