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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: $1,096 Equipment s 476 Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildingr 731 Goodwill 486 Inventortes 40 Land 226 Licensing Rights 666 Prepaid Rent 336 Requlred 1. Prepare the asset section of a classified balance sheet for Hashey Inc. 2. Using Hashey's 2015 Net Sales Revenue of $4620 (million) and its Net Fixed Assets of $216 (million) at December 28 2014 calculate the fixed asset turnover ratio for 2015. Has the company generated more or less revenue from each dollar of fixed assets than in 2014. when the ratio was 20 423
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