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Assume the following is a list of account titles and amounts (in millions) reported at December 31, 2017 by Hasbro, Inc, a leading manufacturer of

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Assume the following is a list of account titles and amounts (in millions) reported at December 31, 2017 by Hasbro, Inc, a leading manufacturer of games, toys, and interactive entertainment software for children and families: Buildings and Improvements Prepaids and Other Current Assets Allowance for Doubtful Accounts Other Non-current Assets Cash and Cash Equivalents Accounts Receivable $ 205 Goodwi11 181 Machinery and Equipment 22 Accumulated Depreciation 210 Inventories 680 Other Intangibles 694 Land and Improvements $ 525 463 352 351 618 8 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.) 1. Prepare the asset section of a classified balance sheet for Hasbro, Inc., assuming Hasbro follov millions. Amounts to be deducted should be indicated by a minus sign.) HASBRO, INC. Excerpts from Balance Sheet December 31, 2017 (in millions) Assets Current assets 0 Total current assets Property, plant, and equipment Total Property, plant, and equipment (at cost) Total property, plant, and equipment (net) Other assets 0 Total other assets Total assets $ 2-a. Assuming that Hasbro's 2017 Net Sales Revenue was 55 222 million) and its Net Fixed Assets was $198 million) at December 30, 2016, calculate the fixed asset turnover ratio for 2017 (Round your answer to 2 decimal places.) Freed anotturnover ratio 2-b. Has the company generated more or less revenue from each dollar of fixed assets than in 2016, when the ratio was 2025 More revenue Less revenue

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