Assignment 1

Student: Sidad Ibrahim

https://investor.hasbro.com/static-files/88b2a83b-2368-463a-9489-6cf31dc209ac

#1 copy and paste your company's profile from glassdoor.com website.

Hasbro Overview
Websitewww.hasbro.com
Headquarters Pawtucket, RI
Size5001 to 10000 employees
Founded1923
Type Company - Public (HAS)
Industry Consumer Products Manufacturing
Revenue$5 to $10 billion (USD) per year
Competitors

Mattel, the LEGO Group

Create Comparison
Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to Creating the
World's Best Play and Entertainment Experiences. From toys, games and consumer products to
television, movies, digital gaming, live action, music, and virtual reality ... Read more
Mission: Creating the World’s Best Play Experiences.

#2 search online for your company's most recent Budget Report.

Net revenues of $4,720.2 million increased 3% from $4,579.6 million in 2018. The increase in net
revenues includes an unfavorable foreign currency translation of $78.5 million. ‰ U.S. and Canada
segment net revenues increased 3%; International segment net revenues decreased 1%, including an
unfavorable foreign currency translation impact of $76.5 million; Entertainment, Licensing and Digital
segment net revenues increased 22%. ‰ Partner Brands net revenues increased 24%; Emerging Brands
net revenues increased 5%; Franchise Brands net revenues declined 1%; Hasbro Gaming net revenues
declined 10%. ‰ Operating profit was $652.1 million, or 13.8% of net revenues in 2019 compared to
operating profit of $331.1 million, or 7.2% of net revenues in 2018. ‰ 2019 operating profit was
negatively impacted by $17.8 million of pre-tax acquisition related costs associated with the eOne
transaction. ‰ 2018 operating profit was negatively impacted by $60.4 million of costs related to the
Toys“R“Us bankruptcy, $89.3 million associated with the Company’s 2018 restructuring program and
impairment charges of $117.6 million related to Backflip Studios and other intangible assets. ‰ Net
earnings increased in 2019 to $520.5 million, or $4.05 per diluted share, compared to $220.4 million, or
$1.74 per diluted share in 2018. ‰ 2019 net earnings were impacted by pension settlement charges, net
of tax, of $86.0 million, or $0.67 per diluted share, partially offset by a net benefit, net of tax, of $81.8
million, or $0.64 per diluted share, from foreign currency gains related to hedging a portion of the eOne
British pound sterling purchase price and other eOne acquisition related costs. ‰ 2018 net earnings
were negatively impacted by costs related to the Toys“R“Us bankruptcy, net of tax, of $52.8 million or
$0.42 per diluted share, impairment charges related to Backflip Studios and other intangible assets, net
of tax, of $96.9 million, or $0.76 per diluted share, costs associated with the Company’s 2018
restructuring program, net of tax, of $77.9 million or $0.61 per diluted share and charges related to
adjustments to provisional U.S. Tax Reform amounts of $40.7 million or $0.32 per diluted share

#3

1-3 how can a management accountant help formulate strategy?

Portray crafted by the organization in its worth chain by giving data on the wellsprings of upper
hand, for example, the value, proficiency and gainfulness of your organization contrasted with its
rivals. Give data on wellsprings of serious achievement, for example, net revenues, creation, or
business accomplishment over the opposition.