Assume the following is a list of account titles and amounts $($in millions$)$ reported at December $31,2020,$ by Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:

Buildings and Improvements $ $203$ Goodwill $ $515$

Prepaids and Other Current Assets $179$ Machinery and Equipment $453$

Allowance for Doubtful Accounts $24$ Accumulated Depreciation $363$

Other Non$-$current Assets $208$ Inventories $341$

Cash and Cash Equivalents $670$ Other Intangibles $608$

Accounts Receivable $684$ Land and Improvements $6$

Required:

$1.$ Prepare the asset section of a classified balance sheet for Hasbro, Inc., assuming Hasbro follows ASPE. $($Enter your answers in millions. Amounts to be deducted should be indicated by a minus sign.$)$

$2-$a$.$ Assuming that Hasbro$$s $2020$ Net Sales Revenue was $$5,022($million$)$ and its Net Fixed Assets was $$196($million$)$ at December $30,2019,$ calculate the fixed asset turnover ratio for $2020.($Round your answer to $2$ decimal places.$)$

$2-$b$.$ Has the company generated more or less revenue from each dollar of fixed assets than in $2019,$ when the ratio was $20\mathrm{.}35?$

multiple choice

More revenue

Less revenue