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E9-1 (Algo) Preparing a Classified Bolance Sheet [LO 9-1, LO 9-7] The following is a list of account titles and amounts (in millions) reported at

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E9-1 (Algo) Preparing a Classified Bolance Sheet [LO 9-1, LO 9-7] The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Agate Playthings a leading manufacture of games, toys, and interactive entertainment software for children and families: Required: 1. Prepare the asset section of a classified balance sheet for Agate Playthings. 2-0. Using Agate's 2018 Net Sales Revenue of $4.630 (mullion) and its average Net Fixed Assets of $272 (million), calculate the fixed asset turnover ratio for 2018 2-b. Has the company generated more or less revenue from each dollar of fixed assets than in 2017 , when the ratio was 20.43 ? Complete this question by entering your answers in the tabs below. Req 2A E9-1 (Algo) Preparing a Classified Balance Sheet [LO 9-1, LO 9-7] The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Agate Playthings a leading manufacturer of games, toys, and interactive entertainment software for children and families: Required: 1. Prepare the asset section of a classified balance sheet for Agate Playthings. 2-0. Using Agate's 2018 Net Sales Revenue of $4,630 (million) and its average Net Fixed Assets of $272 (million), calculate the fixe asset turnover ratio for 2018 . 2-b. Has the company generated more or less revenue from each dollar of fixed assets than in 2017 , when the ratio was 20.43 ? Complete this question by entering your answers in the tabs below. Using Agate's 2018 Net Sales Revenue of $4,630 (million) and its average Net Flxed Assets of $272 (milion), calculate the fixed asset turnover ratio for 2018 . (Round your answer to 2 decimal places.)

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