Debt ratio, Ratio of Liabilities to Stockholders' Equity, and Times Interest Earned Hasbro (HAS) and Mattel, Inc. (MAT), are the two largest toy companies in North America. Liability and stockholders'...

Extracted text: Debt ratio, Ratio of Liabilities to Stockholders' Equity, and Times Interest Earned Hasbro (HAS) and Mattel, Inc. (MAT), are the two largest toy companies in North America. Liability and stockholders' equity data from recent balance sheets are shown for each company below (in millions): Hasbro Mattel Current liabilities $ $ 1,252 $ 1,624 Long-term debt 2,208 3,357 Total liabilities $ 3,460 $ 4,981 Total stockholders' equity 1,830 1,257 Total liabilities and stockholders' equity $ 5,290 $ 6,238 The income from operations and interest expense from the income statement for both companies were as follows (in millions): Hasbro Mattel Income (loss) from operations before tax $786 $(505) Interest expense 98 105 a. Determine the debt ratio for both companies. Round to one decimal place. Hasbro Mattel, Inc. %