Question: using the correct formula i will using the correct formula can you fix this? i was using the wrong formula -For 2023: 1. Operating Loss:

using the correct formula i will using the correct formula can you fix this? i was using the wrong formula -For 2023: 1. Operating Loss: 1,538.81,538.8 million 2. Tax Benefit: 221.3221.3 million NOPAT Calculation: NOPAT=1,538.8+221.3=1,317.5 millionNOPAT=1,538.8+221.3=1,317.5 million 3. Total Assets: 6,540.96,540.9 million 4. Current Liabilities: 2,056.42,056.4 million Capital Employed Calculation: Capital Employed=6,540.92,056.4=4,484.5 millionCapital Employed=6,540.92,056.4=4,484.5 million 5. ROCE for 2023: ROCE=(1,317.54,484.5)100=29.38ROCE=(4,484.51,317.5)100=29.38 For 2022: 1. Operating Profit: 407.7407.7 million 2. Tax Expense: 58.558.5 million NOPAT Calculation: NOPAT=407.758.5=349.2 millionNOPAT=407.758.5=349.2 million 3. Total Assets: 9,295.99,295.9 million 4. Current Liabilities: 2,189.72,189.7 million Capital Employed Calculation: Capital Employed=9,295.92,189.7=7,106.2 millionCapital Employed=9,295.92,189.7=7,106.2 million 5. ROCE for 2022: ROCE=(349.27,106.2)100=4.91ROCE=(7,106.2349.2)100=4.91 Analysis The ROCE for Hasbro has decreased significantly from 4.91% in 2022 to -29.38% in 2023. This decline indicates a substantial reduction in the efficiency with which Hasbro is using its capital to generate profits. The negative ROCE in 2023 is primarily due to the operating loss, which was partially offset by a tax benefit but still resulted in a negative NOPAT. This analysis highlights the challenges Hasbro faced in 2023, impacting its profitability and capital efficiency. If you have a

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