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nnect Assignment 6 Saved The following is a list of account titles and amounts (in...

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nnect Assignment 6 Saved The following is a list of account titles and amounts (in millions) reported at December 27, 2015, by Hashey, Inc. a leading manufacturer of games, toys, and interactive entertainment software for children and families $1,100 Equipment $480 585 340 Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Buildings Cash and Cash Equivalents 735 Goodwill 490 Inventories 36 Land 230 Licensing Rights 670 Prepaid Rent 1,865 345 Required 1. Prepare the asset section of a classified balance sheet for Hashey, Inc. 2. Using Hashey's 2015 Net Sales Revenue of $4,600 (million) and its Net Fixed Assets of $220 (million) at December 28, 2014 calculate the fixed asset turnover ratio for 2015. Has the company generated more or less revenue from each dollar of fixed assets than in 2014, when the ratio was 19.40? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Prepare the asset section of a classified balance sheet for Hashey, 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.) HASHEY, INC Balance Sheet (partial) Prev 10f 7 Next>

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