The following is a list of account titles and amounts (in millions) reported at December 29, 2013, by Hashey, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:

Accounts Receivable	$	1,119		Equipment	$	496
Accumulated Amortization		751		Goodwill		601
Accumulated Depreciation		506		Inventory		356
Allowance for Doubtful Accounts		35		Land		10
Buildings		246		Licensing Rights		1,841
Cash and Cash Equivalents		686		Prepaids		361

Required:

1.

Prepare the asset section of a classified balance sheet for Hashey, Inc. (Enter assets in the order of their liquidity. Enter your answers in millions. Amounts to be deducted should be indicated by a minus sign.)

The following is a list of account titles and amounts (in millions) reported at December 29, 2013, by Hashey, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:

Accounts Receivable	$	1,119		Equipment	$	496
Accumulated Amortization		751		Goodwill		601
Accumulated Depreciation		506		Inventory		356
Allowance for Doubtful Accounts		35		Land		10
Buildings		246		Licensing Rights		1,841
Cash and Cash Equivalents		686		Prepaids		361

Required:

1.

Prepare the asset section of a classified balance sheet for Hashey, Inc. (Enter assets in the order of their liquidity. Enter your answers in millions. Amounts to be deducted should be indicated by a minus sign.)

2-a. Using Hashey's 2013 Net Sales Revenue of $4,104 (million) and its Net Fixed Assets of $236 (million) at December 30, 2012, calculate the fixed asset turnover ratio for 2013. (Round your answers to 2 decimal places.)

2-b.

Has the company generated more or less revenue from each dollar of fixed assets than in 2012, when the ratio was 18.28?

	More Revenue
	Less Revenue