Question: this is what you gave me earlier - As requested, I have conducted an analysis of Hasbro Inc.'s Return on Capital Employed (ROCE) for the

this is what you gave me earlier - As requested, I have conducted an analysis of Hasbro Inc.'s Return on Capital Employed (ROCE) for the years 2022 and 2023. This analysis breaks down the ROCE into its component parts and provides an overall assessment of Hasbro's financial performance. Formula: ROCE = (Net Operating Profit After Taxes (NOPAT) / Capital Employed) x 100 For 2023: NOPAT = -1,317.5 million Capital Employed = 4,484.5 million ROCE = (-1,317.5 / 4,484.5) x 100 = -29.38% For 2022: NOPAT = 349.2 million Capital Employed = 7,106.2 million ROCE = (349.2 / 7,106.2) x 100 = 4.91% The significant decrease from 4.91% in 2022 to -29.38% in 2023 indicates a substantial reduction in the efficiency with which Hasbro is using its capital to generate profits, aligning with the principles outlined by Wahlen, Baginski, & Bradshaw (2023) regarding the critical nature of ROCE in evaluating a company's financial performance

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