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CE Carton 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
CE Carton 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 Cash and cash $ 658 Other assets $ 138 585 Other current assets 619 Other current debt 68 1,095 Other noncurrent 300 liabilities 3,768 Common stock, $0.0375 374 Property, plant, and par value equipment, net 2,337 Intangible assets 3,023 Retained earnings 931 Inventories 994 equivalents 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 Current Assets: (in millions) 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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