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The following is a list of account titles and amounts (in millions) reported at December 26, 2010, by Hasbro, Inc. , a leading manufacturer of

The following is a list of account titles and amounts (in millions) reported at December 26, 2010, by Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:

Buildings $ 205 Goodwill $ 483
Prepaids and Other Current Assets 176 Equipment 468
Allowance for Doubtful Accounts 36 Accumulated Depreciation 438
Other Noncurrent Assets 671 Inventories 372
Cash and Cash Equivalents 736 Other Intangibles 509
Accounts Receivable 1,003 Land 11

Required:
1.

Prepare the asset section of a classified balance sheet for Hasbro, Inc.

2-a.

Using Hasbros 2010 Net Sales Revenue of $4,028 (million) and its Net Fixed Assets of $229 (million) at December 30, 2009, calculate the fixed asset turnover ratio for 2010.

2-b.

Has the company generated more or less revenue from each dollar of fixed assets than in 2009, when the ratio was 20.80?

Less Revenue
More Revenue

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