Question: CAN I USE A REFERENCE FROM HASBRO FOR ANY PART OF THE SENTENCE - I have completed the analysis of Hasbro Inc.'s Return on Capital
CAN I USE A REFERENCE FROM HASBRO FOR ANY PART OF THE SENTENCE - I have completed the analysis of Hasbro Inc.'s Return on Capital Employed (ROCE) for the years 2022 and 2023. ROCE, a key profitability ratio, measures how efficiently a company uses its capital to generate profits. The ROCE for Hasbro has decreased significantly from 4.91% in 2022 to -29.38% in 2023. This decline indicates a decrease in the efficiency with which Hasbro is using its capital to generate profits. The primary reason for this decline is the substantial operating loss Hasbro experienced in 2023. This loss was driven by high impairment charges and losses on business disposals. These factors have negatively impacted on the company's ability to generate profits from its capital
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