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 a recent year (dollars in millions).
a. Recorded sales on account of $795.2 and related cost of goods sold of $337.5.
b. Issued debt with a principal amount of $427.0.
c. Incurred research and development expense of $61.5, which was paid in cash.
Complete the following tabulation, selecting the sign (positive value for increase, negative value for decrease, and zero for a net effect of zero) and amount of the effect of each transaction. Consider each item independently.
Transaction current assets gross profit current liabilities