Hasbro, Inc. Consolidated Statements of Operations - USD ($) $ in Thousands 12 Months Ended Dec. 31, 2018 Consolidated Statements of Operations [Abstract] Net revenues, external $ 4,579,646 Costs and expenses Cost of sales 1,850,678 Royalties 351,660 Product development 246,165 Advertising 439,922 Amortization of intangibles 28,703 Program production cost amortization 43,906 Selling, distribution and administration 1,287,560 Total expenses 4,248,594 Operating profit 331,052 Non-operating (income) expense Interest Expense 90,826 Interest income (22,357) Other (income) expense, net (7,819) Total non-operating expense, net 60,650 Earnings before income taxes 270,402 Income taxes 49,968 Net earnings 220,434 Net Loss Attributable to Noncontrolling Interests 0 Net Earnings Attributable to Hasbro, Inc. $ 220,434 Net earnings attributable to Hasbro, Inc. per common share: Basic (in dollars per share) $ 1.75 Diluted (in dollars per share) 1.74 Cash dividends declared (in dollars per share) $ 2.52 From the above Income Statement calculate the Interest Coverage Ratio and show accounts used.
Hasbro, Inc. Consolidated Statements of Operations - USD ($) $ in Thousands 12 Months Ended Dec. 31, 2018 Consolidated Statements of Operations [Abstract] Net revenues, external $ 4,579,646 Costs and expenses Cost of sales 1,850,678 Royalties 351,660 Product development 246,165 Advertising 439,922 Amortization of intangibles 28,703 Program production cost amortization 43,906 Selling, distribution and administration 1,287,560 Total expenses 4,248,594 Operating profit 331,052 Non-operating (income) expense Interest Expense 90,826 Interest income (22,357) Other (income) expense, net (7,819) Total non-operating expense, net 60,650 Earnings before income taxes 270,402 Income taxes 49,968 Net earnings 220,434 Net Loss Attributable to Noncontrolling Interests 0 Net Earnings Attributable to Hasbro, Inc. $ 220,434 Net earnings attributable to Hasbro, Inc. per common share: Basic (in dollars per share) $ 1.75 Diluted (in dollars per share) 1.74 Cash dividends declared (in dollars per share) $ 2.52 From the above Income Statement calculate the Interest Coverage Ratio and show accounts used.
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.13P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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| Hasbro, Inc. Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended |
| Dec. 31, 2018 | |
| Consolidated Statements of Operations [Abstract] | |
| Net revenues, external | $ 4,579,646 |
| Costs and expenses | |
| Cost of sales | 1,850,678 |
| Royalties | 351,660 |
| Product development | 246,165 |
| Advertising | 439,922 |
| Amortization of intangibles | 28,703 |
| Program production cost amortization | 43,906 |
| Selling, distribution and administration | 1,287,560 |
| Total expenses | 4,248,594 |
| Operating profit | 331,052 |
| Non-operating (income) expense | |
| Interest Expense | 90,826 |
| Interest income | (22,357) |
| Other (income) expense, net | (7,819) |
| Total non-operating expense, net | 60,650 |
| Earnings before income taxes | 270,402 |
| Income taxes | 49,968 |
| Net earnings | 220,434 |
| Net Loss Attributable to Noncontrolling Interests | 0 |
| Net Earnings Attributable to Hasbro, Inc. | $ 220,434 |
| Net earnings attributable to Hasbro, Inc. per common share: | |
| Basic (in dollars per share) | $ 1.75 |
| Diluted (in dollars per share) | 1.74 |
| Cash dividends declared (in dollars per share) |
$ 2.52 |
From the above Income Statement calculate the Interest Coverage Ratio and show accounts used.
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