DE 18-17 A skeleton of Campbell Soup Company's income statement (as adapted) for the year ended August 1, 19X9, appears as follows (amounts in millions: Income Statement Net sales $6,424 Cost of goods sold

(a) Selling expenses. 1,6341 Administrative expenses 304 Interest expense.

(b) Other expenses 166 Income before taxes. 1.097 Income tax expense (C) Net income.

(d) Use the following ratio data to complete Campbell Soup's income statement.

a. Inventory turnover is 5.174 (beginning inventory is $564; ending inventory was $615).

b. Rate of return on sales is 0.1127.