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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,
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 families: $ 504 609 364 Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalents $1,130 Equipment 759 Goodwill 514 Inventories 41 Land 254 Licensing Rights 694 Prepaid Rent 14 1,849 369 Required: 1. Prepare the asset section of a classified balance sheet for Hashev, 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. 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. Req 1 Reg 2A Reg 2B 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.) HA SHEY, INC. Balance Sheet (partial) December 27, 2015 (in millions) Assets Current Assets Total Current Assets Property. Plant, and Equipment Property. Plant, and Equipment (at cost) Total Property. Plant, and Equipment (net) Other Assets Total Other Assets Total Assets Using Hashey's 2015 Net Sales Revenue of $4,520 million) and its Net Fixed Assets of $230 million) at December 28, 2014, calculate the fixed asset turnover ratio for 2015. (Round your answer to 2 decimal places.) Fixed Asset Turnover Ratio Has the company generated more or less revenue from each dollar of fixed assets than in 2014, when the ratio was 18.327 O O More Revenue Less Revenue
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