10. Using Campbell Soup Company's Annual Report in the Appendix of your textbook, answer the following questions: A) What were the net sales for 2014? B) What was the cost of goods sold for 2014? C) What was the gross profit (margin) for 2014? $ D) What was the gross profit (margin) ratio for 2014? % E) What were the retained earnings as of 7/31/14? F) What was the current ratio as of 7/31/14? G) What was the ROI for 2014? H) What was the cash flow provided by operating activities for 2014? I) What was the cash flow used in investing activities for 2014? J) What was the cash flow used in financing activities for 2014? K) How much did the company pay in dividends during 2014? L) How many shares of common stock were outstanding as of 7/31/14? 650 Appendix Item 8. Financial Statements and Supplementary Data CAMPBELL SOUP COMPANY Consolidated Statements of Earnings (millions, except per share amounts) 2013 8,0525 7.173 5.140 4365 941 580 116 11 7 6,020 1.155 114 2014 Net sales 3 weeks Costs and expenses $ 8.268 $ Cost of products sold Marketing and selling expenses 5,370 Administrative expenses 935 573 Research and development expenses 121 Other expenses/ (income) 22 Restructuring charges 55 Total costs and expenses 7,076 Earnings before interest and taxes 1,192 Interest expense 122 Interest income 3 Earnings before taxes 1,073 Taxes on earnings 347 Earnings from continuing operations 726 Earnings (loss) from discontinued operations 81 Net earnings. 807 Less: Net earnings (loss) attributable to non controlling interests (11) Net earnings attributable to Campbell Soup Company S 818 5 Per Share Basie Earnings from continuing operations attributable to Campbell Soup Company... S 2.35 $ Earnings (loss) from discontinued operations -26 $ Net earnings attributable to Campbell Soup Company 2.61 S 314 Weighted average shares outstanding-basic. Per Share-Assuming Dilution 2.33 $ Eamings from continuing operations attributable to Campbell Soup Company ... S .26 Earings (loss) from discontinued operations .... S 2.59 $ Net earnings attributable to Campbell Soup Company 316 Weighted average shares outstanding - assuming dilution The sum of the individual per share amounts may not add due to rounding See accompanying Notes to Consolidated Financial Statements. 947 677 128 29 SI 6,972 1.080 135 10 955 275 680 (231) 449 (9) 458 $ 8 1,049 325 724 40 764 (10) 774 2.30 112 2.19 $ 0.74 1.46 314 317 2.17 S (.73) 1.44 $ 317 .12 2.41 319 652 Appendis CAMPBELL SOUP COMPANY Consolidated Balance Sheets (millions, except per share amounts) August 2014 S 232 670 1,016 182 2.100 2018 2.433 1,175 87 333 633 925 135 193 2.221 2,260 2,297 1,021 131 393 8,323 8,113 S Current assets Cash and cash equivalents Accounts receivable, net Inventories Other current assets Current assets of discontinued operations held for sale Total current assets.... Plant assets, net of depreciation Goodwill Other intangible assets, not of amortization Other assets Non-current assets of discontinued operations held for sale Total assets Current liabilities Short-term borrowings. Payable to suppliers and others Accrued liabilities Dividend payable. Accrued income taxes Current liabilities of discontinued operations held for sale. Total current liabilities Long-term debt... Deferred taxes Other liabilities. Non-current liabilities of discontinued operations held for sale Total liabilities Commitments and contingencies Campbell Soup Company shareholders' equity Preferred stock: authorized 40 shares: none issued. Capital stock, 5.0375 par value;authorized 560 shares; issued 323 shares Additional paid in capital Earnings retained in the business Capital stock in treasury, at cost. Accumulated other comprehensive loss Total Campbell Soup Company shareholders' equity Noocontrolling interests. Total equity. Total liabilities and equity 1,771 S 527 553 101 37 1.909 523 617 100 19 114 3.282 2.54 2.989 2,244 548 729 776 22 7,113 6,510 12 362 1,772 (359 12 330 2.198 (356) (569) 1,615 (12) 1.603 8,113 S 1217 21 See accompanying Notes to Consolidated Financial Statements