Hasbro is one of the world’s leading toy manufacturers, and maker of such popular board games as…

Hasbro is one of the world’s leading toy manufacturers, and maker of such popular board games as Monopoly, Scrabble, and Clue, among others. Listed here are selected aggregate transactions from the first quarter of a recent year (dollars in millions). Complete the following tabulation, indicating the sign (+ for increase, – for decrease, and NE for no effect) and amount of the effect of each transaction. Consider each item independently. a. Recorded sales on account of $325.4 and related cost of goods sold of $198.6. b. Borrowed $346.5 on line of credit with a bank with principal payable within one year. c. Incurred research and development expense of $90, which was paid incash.

 

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