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Calculate Hasbro's and UHS's ROE for each fiscal year. Verify if the answers below are correct if not, show the correct answer.   2019 2018 Hasbro's ROE:  17% 13% UHS ROE:  15% 15%

Calculate Hasbro's and UHS's ROE for each fiscal year. Verify if the answers below are correct if not, show the correct answer.   2019 2018 Hasbro's ROE:  17% 13% UHS ROE:  15% 15%

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 7C
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a.) Calculate Hasbro's and UHS's ROE for each fiscal year. Verify if the answers below are correct if not, show the correct answer.

  2019 2018
Hasbro's ROE:  17% 13%
UHS ROE:  15% 15%

 

Assets Current assets Cash and cash equivalents Accounts receivable, less allowance for doubtful accounts Inventories Prepaid expenses and other current assets Total current assets plant and equipment, net Property, Other assets Goodwill Other intangibles, net Other Total other assets Total assets Uabilities and equity Current liabilities Accounts payable Accrued liabilities Current maturities of long-term debt Total current liabilities Long-term debt, net of current portion Other liabilities Total liabilities Shareholders' equity Common stock Additional paid-in capital retained earnings Accumulated other comprehensive loss Treasury stock Total shareholders' equity Total liabilities and shareholders' equities HASBRO, INC. AND SUBSIDIARIES Consolidated Balance Sheets (in thousands) Other expenses Net revenues Cost of goods sold Gross profit Selling, general, and administrative expenses Depreciation and amortization Total operating expenses Operating income HASBRO, INC. AND SUBSIDIARIES Consolidated Statements of Operations (in thousands) Interest expense Other non-operating expense (income) Total non-operating expenses Income before income taxes Provision for income taxes Net Income 2019 $4,580,369 1,410,597 446,105 310,450 6,747,521 382,248 494,584 646,305 584,970 1,725,859 $8,855,628 $343,927 912,652 503 1,257,082 4,046,457 556,559 5,860,098 110,143 2,275,726 4,354,619 (184,220) (3,560,738) 2,995,530 $8,855,628 2019 $4,720,227 1,807,849 2,912,378 1,037,103 132,844 1,090,381 2,260,328 652,050 101,878 (44,038) 57,840 594,210 73,756 $520,454 2018 $1,182,371 1,188,052 443,383 268,698 3,082,504 256,473 485,881 693,842 744,288 1,924,011 $5,262,988 $333,521 931,063 9,740 1,274,324 1,695,092 539,086 3,508,502 104,847 1,275,059 4,184,374 (294,514) (3,515,280) 1,754,486 $5,262,988 2018 $4,579,646 1,850,678 2,728,968 1,287,560 72,609 1,037,747 2,397,916 331,052 90,826 (30,176) 60,650 270,402 49,968 $220,434
Transcribed Image Text:Assets Current assets Cash and cash equivalents Accounts receivable, less allowance for doubtful accounts Inventories Prepaid expenses and other current assets Total current assets plant and equipment, net Property, Other assets Goodwill Other intangibles, net Other Total other assets Total assets Uabilities and equity Current liabilities Accounts payable Accrued liabilities Current maturities of long-term debt Total current liabilities Long-term debt, net of current portion Other liabilities Total liabilities Shareholders' equity Common stock Additional paid-in capital retained earnings Accumulated other comprehensive loss Treasury stock Total shareholders' equity Total liabilities and shareholders' equities HASBRO, INC. AND SUBSIDIARIES Consolidated Balance Sheets (in thousands) Other expenses Net revenues Cost of goods sold Gross profit Selling, general, and administrative expenses Depreciation and amortization Total operating expenses Operating income HASBRO, INC. AND SUBSIDIARIES Consolidated Statements of Operations (in thousands) Interest expense Other non-operating expense (income) Total non-operating expenses Income before income taxes Provision for income taxes Net Income 2019 $4,580,369 1,410,597 446,105 310,450 6,747,521 382,248 494,584 646,305 584,970 1,725,859 $8,855,628 $343,927 912,652 503 1,257,082 4,046,457 556,559 5,860,098 110,143 2,275,726 4,354,619 (184,220) (3,560,738) 2,995,530 $8,855,628 2019 $4,720,227 1,807,849 2,912,378 1,037,103 132,844 1,090,381 2,260,328 652,050 101,878 (44,038) 57,840 594,210 73,756 $520,454 2018 $1,182,371 1,188,052 443,383 268,698 3,082,504 256,473 485,881 693,842 744,288 1,924,011 $5,262,988 $333,521 931,063 9,740 1,274,324 1,695,092 539,086 3,508,502 104,847 1,275,059 4,184,374 (294,514) (3,515,280) 1,754,486 $5,262,988 2018 $4,579,646 1,850,678 2,728,968 1,287,560 72,609 1,037,747 2,397,916 331,052 90,826 (30,176) 60,650 270,402 49,968 $220,434
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