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E9-1 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

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E9-1 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 27, 2015, by Hashey, Inc. a leading manufacturer of games, toys, and interactive entertainment software for children and familles: $ 584 36 Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalents $1,132 Equipment 759 Goodwill 514 Inventories 41 Land 254 Licensing Rights 694 Prepaid Rent 1.49 369 Required: 1. Prepare the asset section of a classified balance sheet for Hashey, Inc. 2. Using Hasbro's 2015 Net Sales Revenue of $4,520 million), Its Net Fixed Assets of $230 million) at December 28, 2014, and its Net Fixed Assets computed at December 27, 2015. calculate the fixed asset turnover ratio for 2015 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 2 Prepare the asset section of a classified balance sheet for Hashey, Inc. (Enter assets in the order of their liquidity. Enter your answers in millions. Amounts to be deducted should be indicated by a minus sign.) HASHEY, INC Balance Sheet (partial) December 27, 2015 (in millions) Assets $ 1,130 X (41) X Current Assets Accounts Receivable Allowance for Doubtful Accounts Inventory Cash and Cash Equivalents Prepaids (41) 1,089 Total Current Assets Property. Plant, and Equipment Buildings Equipment Accumulated Depreciation Land Property. Plant, and Equipment (at cost) Total Property. Plant, and Equipment (net) Other Assets Goodwill Licensing Rights Accumulated Amortization Total Other Assets

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