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 Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families: $1,235 Equipment Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalents 840 Goodwill 360 Inventories $415 595 380 15 Land 180 Licensing Rights 980 Prepaid Rent 1,860 290 Required: 1. Prepare the asset section of a classified balance sheet for Hasbro, Inc. 2. Using Hasbro's 2015 Net Sales Revenue of $4,450 (million) and its Net Fixed Assets of $240 (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 18.08