Q19: HASBRO, Inc. 2016 2015 Balance Sheet Items Total Assets $ 5.091366 S4.720.7
ID: 2519432 • Letter: Q
Question
Q19: HASBRO, Inc. 2016 2015 Balance Sheet Items Total Assets $ 5.091366 S4.720.71Z Other Long-term liabilities Long-Term Debt Redeemable non-controlling interests Common Equity 404,883 1,198,679 1,547,115 40,170 1,862,736 1,663,902 389,388 22,704 Income Statement Items Net Sales Operating Income $5,019,822 $4,447,509 691.933 788,048 Interest Expense Income Tax Expense Net Earnings Net Loss- Non-controlling Interests Net Income for HASBRO Effective tax rate 97,405 159,338 533,151, (18,229) 97,122 157.043 446,872 (4,966) 551,380 $451,838 23.0% a. Compute rate of return ratios: ROA, ROI, ROE, AND ROCE Ratio ROA Net Income/Average Total Assets 533,151 $4,906,042 Numerator Denominator Rate of Return ROI INI EX (1-tax rate)l 533,151/ 75,001 Average (LTL SE) ROE [NI" Div RPS Average Total SE 551,380-0 / ROCE [NI* -Pref. div] / Average Common SE |551,380-0 / NI before non-controlling interests and non-recurring items *NI before non-recurring items b. The Return on Common Equity (ROCE) represents the earnings to? c. TorF: ROE and ROCE the same for HASBRO because there is no preferred stock issued at this time d. An Increasing trend over time would be: Favorable or UnfavorableExplanation / Answer
Ans b. The Return on Common Equity (ROCE) represents the earnings to equity shareholders.
Ans c. In the absence of preferred stock the ROE and ROCE are same. Hence the statement is true.
And d. An increasing trend in the rate of return ratios is always favourable.
Ans a. Rate of return ratios Numerator Denominator Ratio ROA 533151 4906042 0.11 ROI 608152 3136216 0.05 ROE 551380 1763319 0.08 ROCE 551380 1763319 0.08Related Questions
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