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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,

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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, toys, and interactive entertainment software for children and families: Nccounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounta Buildings cash and Canh Equivalenta $ 1,090 Equipment 125 Goodwill 480 Inventories 45 Land 220 Licensing Rights 660 Prepaid Rent $ 470 575 330 12 1.875 335 Required: 1. Prepare the asset section of a classified balance sheet for Hashey, Inc. 2. Using Hasbro's 2015 Net Sales Revenue of $4,650 (million), its Net Fixed Assets of $210 (million) at December 28, 2014, and its Net Fixed Assets computed at December 27, 2015, calculate the fixed asset turnover ratio for 2015, HASHEY, INC. Balance Sheet (partial) December 27, 2015 (in millions) Assets Current Assets: Cash and Cash Equivalents Prepaids Accounts Receivable Allowance for Doubtful Accounts Inventory 0 Total Current Assets 0 Property, Plant, and Equipment Land Buildings Equipment Accumulated Depreciation Property, Plant, and Equipment (at cost) 0 0 Total Property, Plant, and Equipment (net) Other Assets Goodwill Licensing Rights Accumulated Amortization Total Other Assets 0 Total Assets A 0 Reg 1 Reg 2A Req 28 Using Hashey's 2015 Net Sales Revenue of $4,650 million) and its Net Fixed Assets of $210 (million) at December 28, 2014, calculate the fixed asset turnover ratio for 2015. (Round your answer to 2 decimal places.) Fixed Asset Turnover Ratio Reg 1 Req 2A Reg 28 Has the company generated more or less revenue from each dollar of fixed assets than in 2014, when the ratio was 20.457 More Revenue Less Revenue

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