The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Diversion Industries a leading manufacturer of games, toys, and interactive entertainment software for children and familles: Required: 1. Prepare the asset section of a classified balance sheet for Diversion Industries. 2-a. Using Diversion's 2018 Net Sales Revenue of $4,500 (million) and its average Net Fixed Assets of $272 (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 18.01 ? Complete this question by entering your answers in the tabs below. Prepare the asset section of a classified balance sheet for Diversion Industries. (Enter assets in the order of their liquidity. Prepare the asset section of a classified balance sheet for Diversion Industries. (Enter assets in the order of their liquidity. Enter vour answers in miltions. Amounts to be deducted should be indicated bv a minus sign.) The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Diversion Industries a leading manufacturer of games, toys, and interactive entertainment software for children and families: Required: 1. Prepare the asset section of a classified balance sheet for Diversion Industries. 2-a. Using Diversion's 2018 Net Sales Revenue of $4,500 (million) and its average Not Fixed Assets of $272 (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 18.01 ? Complete this question by entering your answers in the tabs below. Using Diversion's 2018 Net Sales Revenue of $4,500 (million) and its average Net Fixed Assets of $272 (million), calculate the fixed asset turnover ratio for 2018 . (Round your answer to 2 decimal places.) The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Diversion Industries a leading manufacturer of games, toys, and interactive entertainment software for children and familles: Required: 1. Prepare the asset section of a classified balance sheet for Diversion Industries. 2-a. Using Diversion's 2018 Net Sales Revenue of $4,500 (million) and its average Net Fixed Assets of $272 (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 18.01 ? Complete this question by entering your answers in the tabs below. Prepare the asset section of a classified balance sheet for Diversion Industries. (Enter assets in the order of their liquidity. Prepare the asset section of a classified balance sheet for Diversion Industries. (Enter assets in the order of their liquidity. Enter vour answers in miltions. Amounts to be deducted should be indicated bv a minus sign.) The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Diversion Industries a leading manufacturer of games, toys, and interactive entertainment software for children and families: Required: 1. Prepare the asset section of a classified balance sheet for Diversion Industries. 2-a. Using Diversion's 2018 Net Sales Revenue of $4,500 (million) and its average Not Fixed Assets of $272 (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 18.01 ? Complete this question by entering your answers in the tabs below. Using Diversion's 2018 Net Sales Revenue of $4,500 (million) and its average Net Fixed Assets of $272 (million), calculate the fixed asset turnover ratio for 2018 . (Round your answer to 2 decimal places.)
