The following is a list of account titles and amounts in

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Reference no: EM13567474

The following is a list of account titles and amounts (in millions) reported at December 26, 2010, by Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:


  Buildings $ 197
  Goodwill $ 475
  Prepaids and Other Current Assets
168
  Equipment
460
  Allowance for Doubtful Accounts
31
  Accumulated Depreciation
430
  Other Noncurrent Assets
663
  Inventories
364
  Cash and Cash Equivalents
728
  Other Intangibles
501
  Accounts Receivable
992
  Land
7

Required:
1.

Prepare the asset section of a classified balance sheet for Hasbro, Inc


2.Using Hasbro's 2010 Net Sales Revenue of $4,002 (million) and its Net Fixed Assets of $221 (million) at December 30, 2009, calculate the fixed asset turnover ratio for 2010

Reference no: EM13567474

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