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

Accounts Receivable

$

1,110

Equipment

$

490

Accumulated Amortization

745

Goodwill

595

Accumulated Depreciation

500

Inventory

350

Allowance for Doubtful Accounts

20

Land

10

Buildings

240

Licensing Rights

1,835

Cash and Cash Equivalents

680

Prepaids

355

Required:

1.

Prepare the asset section of a classified balance sheet for Hasbro, 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 Hasbros 2013 Net Sales Revenue of $4,080 (million) and its Net Fixed Assets of $230 (million) at December 30, 2012, calculate the fixed asset turnover ratio for 2013. (Round your answers to 2 decimal places.)