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Hasbro, Inc. (HAS), and Mattel, Inc. (MAT), are the two largest toy companies in North...

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Accounting

Hasbro, Inc. (HAS), and Mattel, Inc. (MAT), 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 $1,617,859 $1,505,573
Long-term debt 1,588,067 2,580,439
Total liabilities $3,205,926 $4,086,012
Total stockholders equity $1,862,736 $2,407,782
Total liabilities and stockholders equity $5,068,662 $6,493,794

The operating income and interest expense from the income statement for each company were as follows (in thousands):

Hasbro Mattel
Operating income (before income tax expense) $692,489 $409,472
Interest expense 97,405 95,118

a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.

Hasbro Inc. fill in the blank
Mattel Inc. fill in the blank

b. Determine the times interest earned ratio for both companies. Round to one decimal place.

Hasbro Inc. fill in the blank
Mattel Inc. fill in the blank

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