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 Using the above Income Statement calculate the Operating Expense Ratio and show the accoounts 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...

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

Using the above Income Statement calculate the Operating Expense Ratio and show the accoounts used.

Jun 09, 2022