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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:
Accounts Receivable$1,119Equipment$496Accumulated Amortization751Goodwill601Accumulated Depreciation506Inventories356Allowance for Doubtful Accounts35Land10Buildings246Licensing Rights1,841Cash and Cash Equivalents686Prepaid Rent361
- Prepare the asset section of a classified balance sheet for Hashey, Inc.
- Using Hasbro's 2015 Net Sales Revenue of $4,480 (million), its Net Fixed Assets of $236 (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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