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%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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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