Popular board games as monopoly

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Reference no: EM13919282

Hasbro is one of the world's leading toy manufacturers and maker of such popular board games as Monopoly, Scrabble, and Clue, among others. Listed here are selected aggregate transactions from a recent year (dollars in millions).

a. Recorded sales on account of $795.2 and related cost of goods sold of $337.5.

b. Issued debt with a principal amount of $427.0.

c. Incurred research and development expense of $61.5, which was paid in cash.

Complete the following tabulation, selecting the sign (positive value for increase, negative value for decrease, and zero for a net effect of zero) and amount of the effect of each transaction. Consider each item independently. 

Transaction   current assets      gross profit    current liabilities

 

 

 

Reference no: EM13919282

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