HW #10.xlsx - A INCOME STATEMENT Net Sales $ Cost of sales...

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A INCOME STATEMENT Net Sales $ 18,662.81 Cost of sales $ 11,925.53 Selling, general and administrative expense $ 3,732.56 Divestiture (gain) net $ - Restructuring, impairment, and other exit cost $ - Operating expense $ 3,004.71 Interest expense $ 316.90 Earning before income taxes and after tax earn $ 2,687.81 Income taxes $ 784.84 After tax earnings from joint ventures $ 98.80 Net earning, including earning attributable to $ 2,001.77 Net earnings attributable to non controlling in $ 40.04 Net earnings attributable to general mills $ 1,961.74 BALANCE SHEET Current assets Cash and equivalents $ 783.84 Receivables $ 1,511.69 Inventories $ 1,623.66 Deferred income taxes $ 130.64 Prepaid expense and other $ 466.57 Total current assets $ 4,516.40 Land, buildings, and equipment $ 3,906.92 Goodwill $ 8,622.20 Other intangible asset $ 5,015.10 Other asset $ 877.20 Total asset $ 22,937.82 Current liabilities: Accounts payable $ 1,493.02 Short term debt $ 308.40 Current portion of long term debt $ 1,181.90 Notes payable $ 599.70 Other current liabilites $ 1,922.27 Total current liabilities $ 5,505.29 Total long term debt $ 4,744.20 Deferred income taxes $ 1,455.70 Other liabilites $ 2,052.91 Total liabilites $ 13,758.10 Redeemed interest $ 967.50 Share holders` equity Common stock $ 75.50
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