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The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leRequired: Prepare the asset section of the balance sheet for Hasbro, Inc., classifying the assets into Current Assets, Proper(in millions) Assets Current assets: Total current assets Property, plant, and equipment: Property, plant, and equipment (at

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Answer #1
HASBRO, INC.
Excerpts from Balance Sheet
(in millions)
Assets
Current assets:
Cash and cash equivalents $626
Accounts receivable (net of allowance for doubtful accounts) $610
Inventories $310
Prepaid expenses and other current assets $177
Total current assets $1,723
Property, plant, and equipment:
Machinery, equipment, and software $421
Buildings and improvements $203
Land and improvements $15
Property, plant, and equipment (at cost) $639
Accumulated depreciation $417
Total property, plant, and equipment (net) $222
Other assets:
Goodwill $477
Other intangibles (net of accumulated amortization) $563
Other noncurrent assets $201
Total other assets $1,241
Total assets $3,186
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