Question 21- Looking For Help With This Problem (3)
Hasbro is one of the world’s lending toy manufactures and the maker of such popular board games as Monopoly, Scrabble, and Clue among other. Listed
here are selected aggregate transactions from a recent year (dollars in million).
Complete the following table by entering the amount of the effect of each transaction. Enter negative amounts with a minus sign. Consider each item
independently. (Enter your answer in million rounded to 1 decimal place (i.e, 5,500,000 should be entered as 5.5)
Transaction Current assets Gross Profit Current Liabilities
a. $ 2,449.3 $ 2,449.3 $ WRONG
b. $ 500.00 $ WRONG $ 500.00
c. $ (197.6) $ WRONG $ WRONG
| Transaction | Current Assets | Gross Profit | Current Liabilities |
| a | $2,449.30 | $2,449.30 | $0.00 |
| b | $500.00 | $0.00 | $500.00 |
| c | -$197.60 | -$197.60 | $0.00 |
Question 21- Looking For Help With This Problem (3) Hasbro is one of the world’s lending toy manufactures and the maker...
Question 21 Hasbro is one of the world’s lending toy manufactures and the maker of such popular board games as Monopoly, Scrabble, and Clue among other. Listed here are selected aggregate transactions from a recent year (dollars in million). Record sales on account of $4,285.6 and related cost of goods sold of $1,836.3. Issued debt due in six months with a principal amount of $500. Incurred research and development expense of $197.6 which was paid in cash. Complete the following...
Hasbro is one of the world’s lending toy manufactures and the maker of such popular board games as Monopoly, Scrabble, and Clue among other. Listed here are selected aggregate transactions from a recent year (dollars in million). a. Record sales on account of $4,285.6 and related cost of goods sold of $1,836.3 b. issued debt due in six months with a principal amount $500. c. incured research and development expense of $197.6 which was paid in cash Complete the following...
Question 22 Need Help With This Problem (3) Listed here are selected aggregate transaction for modern style furniture company from the first quarter of a recent year (dollar in million. Recorded collections of cash from customers owed on open account of $40.8 Repaid 5.6 in principal on-line of credit with a bank with principal payable within one year. Complete the following table by entering the amount of the effect of each transaction. Enter negative amounts with a minus sign. Consider...