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1. Prepare the asset section of a classified balance sheet for hashey inc. 2. Using hasheys 2015 net sales revenue of $4630 (million) and its

1. Prepare the asset section of a classified balance sheet for hashey inc.
2. Using hasheys 2015 net sales revenue of $4630 (million) and its net fixed assets of $214 (million) at December 28, 2014, calculate the fixed asset turnover ratio for 2015. Has the company generated more or less revenue from each dollar of fixed assets than in 2014, when the ratio was 20.43? image text in transcribed
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Check my work The following is a list of account titles and amounts (in millions) reported at December 27, 2015, by Hashey, Inc. a leading manufacturer of games, toys, and interactive entertainment software for children and families: Accounts Receivable Accumulated Amortizatiorn Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalents $1,094 Equipment $ 474 579 334 10 1,871 339 729 Goodwill 484 Inventories 41 Land 224 Licensing Rights 664 Prepaid Rent Required: 1. Prepare the asset section of a classified balance sheet for Hashey, Inc. 2. Using Hashey's 2015 Net Sales Revenue of $4,630 (million) and its Net Fixed Assets of $214 (million) at December 28, 2014, calculate the fixed asset turnover ratio for 2015. Has the company generated more or less revenue from each dollar of fixed assets than in 2014, when the ratio was 20.43? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B C Prev 1 of 4 Next

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