The following is a list of account titles and amounts $($in millions$)$ reported at December $26,2021,$ by Joyful Amusements a leading manufacturer of games, toys, and interactive entertainment software for children and families:

Accounts Receivable $ $1,133$ Equipment $ $506$

Accumulated Amortization $761$ Goodwill $611$

Accumulated Depreciation $516$ Inventory $366$

Allowance for Doubtful Accounts $43$ Land $7$

Buildings $256$ Licensing Rights $1,851$

Cash and Cash Equivalents $696$ Prepaid Rent $371$

Required:

$1.$ Prepare the asset section of a classified balance sheet for Joyful Amusements.

$2-$a$.$ Using Joyful's $2021$ Net Sales Revenue of $$4,530($million$)$ and its average Net Fixed Assets of $$266($million$),$ calculate the fixed asset turnover ratio for $2021.$

$2-$b$.$ Has the company generated more or less revenue from each dollar of fixed assets than in $2020,$ when the ratio was $18\mathrm{.}33?$