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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: $ 472 577 Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalente $1,092 Equipment 727 Goodwill 482 Inventories 43 Land 222 Licensing Rights 662 Prepaid Rent 332 11 1,873 337 Required: 1. Prepare the asset section of a classified balance sheet for Hashey, Inc. 2. Using Hasbro's 2015 Net Sales Revenue of $4,640 (million), its Net Fixed Assets of $212 (million) at December 28, 2014, and its Net Fixed Assets computed at December 27, 2015, calculate the fixed asset turnover ratio for 2015
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