The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Cherry Toys Incorporated a leading manufacturer of games, toys, and interactive entertainment software for children and families: Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalents Required: $ 1,102 Equipment 737 Goodwill $482 492 Inventory 587 3421 35 Land 12 232 672 Licensing Rights Prepaid Rent 1,863 347 1. Prepare the asset section of a classified balance sheet for Cherry Toys Incorporated. 2-a. Using Cherry Toy's 2018 Net Sales Revenue of $4,590 (million) and its average Net Fixed Assets of $264 (million), calculate the fixed asset turnover ratio for 2018. 2-b. Has the company generated more or less revenue from each dollar of fixed assets than in 2017, when the ratio was 19.50? Current Assets: Total Current Assets Property, Plant, and Equipment December 30, 2018 (in millions) Assets Property, Plant, and Equipment (at cost) Total Property, Plant, and Equipment (net) Other Assets Total Other Assets Total Assets $ 0 0 0 0 Required: 1. Prepare the asset section of a classified balance sheet for Cherry Toys Incorporated. 2-a. Using Cherry Toy's 2018 Net Sales Revenue of $4,590 (million) and its average Net Fixed Assets of $264 (million), calculate the fixed asset turnover ratio for 2018. 2-b. Has the company generated more or less revenue from each dollar of fixed assets than in 2017, when the ratio was 19.50? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Using Cherry Toy's 2018 Net Sales Revenue of $4,590 (million) and its average Net Fixed Assets of $264 (million), calculate) the fixed asset turnover ratio for 2018. (Round your answer to 2 decimal places.) Fixed Asset Turnover Ratio Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Has the company generated more or less revenue from each dollar of fixed assets than in 2017, when the ratio was 19.50? OMore Revenue Less Revenue < Req 2A Req 28>