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Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are
Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) presented in alphabetical order Accounts payable Accounts receivable Accrued expenses 661 Other assets $ 142 585 Other current assets 64 1,070 614 Other current debt Cash and cash Other noncurrent 313 3,776 equivalents Common stock, $0.0375 liabilities Property, plant, and equipment, net Retained earnings 386 2,292 par value Intangible assets Inventories 3,063 964 916 Required: Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) CARLTON SOUP COMPANY Consolidated Balance Sheet (in millions) Assets Current Assets: Total current assets Total assets Liabilities and Stockholders' Equity Current liabilities: Total current liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity
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