What has been the accounts payable turnover trend for Hasbro and Mattel? Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) are two companies in the toy and game industry. Hasbro products include Monopoly board games, G.I. Joe dolls, Furby electronic stuffed animals, Transformers mechanical toys, and the My Little Pony toys. Mattel products include Fisher-Price toys, Barbie dolls, Hot Wheels cars, American Girl dolls, Apples to Apples games, and Blokus games. To follow are selected data from the Form 10-Ks for the years 2012-2016 for both Hasbro and Mattel. For this analysis, assume that both companies make all purchases on account. What is accounts payable turnover? Why is it important? Calculate accounts payable turnover for both Hasbro and Mattel for 2013 through 2016. Is Hasbro's accounts payable turnover improving or deteriorating? Is Mattel's accounts payable turnover improving or deteriorating? Explain. Describe factors that might be causing the trends in the accounts payable turnover for both companies