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katrin2010 [14]
2 years ago
15

The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leadi

ng manufacturer of games, toys, and interactive entertainment software for children and families:
Buildings and improvements $ 234 Goodwill $ 593
Prepaid expenses and other current assets 392 Machinery, equipment, and software 504
Allowance for doubtful accounts 16 Accumulated depreciation 509
Other noncurrent assets 658 Inventories 340
Accumulated amortization (other intangibles) 798 Other intangibles 1,123
Cash and cash equivalents 893 Land and improvements 7
Accounts receivable 1,111
Required:
Prepare the asset section of the balance sheet for Hasbro, Inc., classifying the assets into Current Assets, Property, Plant, and Equipment (net), and Other Assets. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign.)
Business
1 answer:
vichka [17]2 years ago
8 0

Answer:

Hasbro, Inc.

Balance Sheet

Assets

Current Assets:

Cash and cash equivalents                     $893  

Accounts receivable                      1,111

Allowance for doubtful accounts   (16)  1,095

Inventories                                                340

Prepaid expenses and

 other current assets                              392

Total current assets                           $2,720

Property, Plant, and Equipment (net):

Buildings and improvements              $ 234

Land and improvements                            7

Machinery, equipment, and software   504

Other noncurrent assets                       658  

Accumulated depreciation                   (509)

Property, Plant, and Equipment (net) $894

Other Assets:

Goodwill                                             $ 593

Other intangibles               1,123

Accumulated amortization

(other intangibles)              798          325

Other assets                                      $918

Total assets                                   $4,532

Explanation:

a) Data and Calculations:

Current Assets:

Cash and cash equivalents                     $893  

Accounts receivable                      1,111

Allowance for doubtful accounts   (16)  1,095

Inventories                                                340

Prepaid expenses and

 other current assets                              392

Total current assets                           $2,720

Property, Plant, and Equipment (net):

Buildings and improvements              $ 234

Land and improvements                            7

Machinery, equipment, and software   504

Other noncurrent assets                       658  

Accumulated depreciation                   (509)

Property, Plant, and Equipment (net) $894

Other Assets:

Goodwill                                             $ 593

Other intangibles               1,123

Accumulated amortization

(other intangibles)              798          325

Other assets                                      $918

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Answer:

($62,000)

Explanation:

Calculation for the monthly financial advantage (disadvantage) for the company of eliminating this product

Keep Product X Drop Product X Difference

Sales $387,500 $0 $(387,500)

($25 per unit *15,500=$387,500)

Variable expenses $294,500 $0 $294,500

($19 per unit*15,500=$294,500)

Contribution margin $93,000 $0 $(93,000)

Fixed expenses $105,000 $74,000 $31,000

Net operating income (loss)$(12,000)$(74,000)$(62,000)

Therefore the monthly financial advantage (disadvantage) for the company of eliminating this product will be decrease in Net operating amount of ($62,000).

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Control over cash disbursements is generally more effective when:
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Answer:

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Nora is deciding whether to purchase brand-name sneakers or a less expensive store brand. She has purchased other shoes with the
Pani-rosa [81]

Answer:

The correct answer is C. greater perceived value.

Explanation:

Considering Nora's previous experience, it can be determined that her purchase decision is not oriented to the brand, but to the perception of value over other variables. In this scenario, it is most likely that Nora chooses to decide on the second option, since surely having no preferences she wants to experience the experience of enjoying new sneakers with different variables than the one she initially acquired.

 

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We would like to invest $10,000 into shares of companies XX and YY.
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Answer:

c. $5,000 into each company

Explanation:

Let X be the actual (random) return from each share of XX, and  Y be the actual return from each share of YY. Computing the returns from each option:

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Given that variance = (standard deviation)²

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Expected value = 500 * E(x) = 500 * 1 = 500

Variance = 500² * Var(x) = 500² * 0.5² = 62500

B) Investing $10,000 into YY

Since YY cost $50 per share, only 200 shares can be bought.

Expected value = 200 * E(y) = 200 * 2.5 = 500

Variance = 200² * Var(y) = 200² * 1² = 40000

C) Investing $5,000 into each company

Since XX cost $20 per share and YY cost $50 per share, only 250 shares of XX and 100 shares of YY can be bought.

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In achievement oriented leadership where leader behavior includes setting challenging goals for the employee with the expectation that those goals will be achieved.

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What must leaders do for their employees according to path-goal theory?

According to the path-goal theory, achievement-oriented leadership conduct involves encouraging subordinates to perform to the best of their ability by establishing high standards, praising excellence, and expressing faith in subordinates' talents.

Learn more about path-goal theory of leadership: brainly.com/question/17018511

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