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The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leading manufacturer of
The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:
Buildings and improvements | $ 234 | Goodwill | $ 593 | |
Prepaid expenses and other current assets | 392 | Machinery, equipment, and software | 504 | |
Allowance for doubtful accounts | 16 | Accumulated depreciation | 509 | |
Other noncurrent assets | 658 | Inventories | 340 | |
Accumulated amortization (other intangibles) | 798 | Other intangibles | 1,123 | |
Cash and cash equivalents | 893 | Land and improvements | 7 | |
Accounts receivable | 1,111 | |||
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Required:
Prepare the asset section of the balance sheet for Hasbro, Inc., classifying the assets into Current Assets, Property, Plant, and Equipment (net), and Other Assets. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign.)
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