Refer to the consolidated balance sheets on page 712 of the Campbell Soup Company annual report in
Question:
Refer to the consolidated balance sheets on page 712 of the Campbell Soup Company annual report in the appendix.
Required:
Prepare a common size balance sheet at August 1, 2010, using the following captions:
Total current assets
Plant assets, net of depreciation
Goodwill
Total other long-term assets
Total assets
Total current liabilities
Total long-term liabilities (including deferred taxes)
Total equity
Total liabilities and equity
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For 
Accounting What the Numbers Mean
ISBN: 978-0078025297
10th edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
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