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Classifying the assets into current assets

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Reference no: EM13492359

Problem

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

 

Buildings and improvements                    $206              goodwill     $   464

Prepaid expenses and other                                             machinery and equipment    304

        Current assets                                        212              accumulated depreciation     358

Allowance for doubtful accounts                  39               inventories                               169

Other noncurrent assets                                 280         other intangibles                     1,146

Accumulated amortization                                             land and improvements           18

     (other intangibles)                      435             accounts receivable                  646

Cash and cash equivalents                            521             tools, dies, and molds                30

Required:

Prepare the asset section of the balance sheet for Hasbro, Inc., classifying the assets into Current Assets, property, plant, and Equipment (net), other Assets.

Reference no: EM13492359

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