Economic Value Added and ROIC a.) Using 2021 data and the calculated WACC in 2a did Campbell add or detract value using the Economic Value Added criteria? b.) How does the Return on Invested Capital (ROIC) compare to the WACC? E Reclassified 12 months Jul-30-2017 USD Reclassified 12 months Jul-29-2018 USD 12 months Jul-28-2019 USD 12 months Aug-02-2020 USD 12 months Aug-01-2021 USD 5.8370 6.6150 8 1070 8.6910 84780 5,837.0 6,615.0 8,107.0 8,6910 8,476,0 3.3910 2.446.0 4.1540 2/461.0 53960 2,711.0 5,0830 3,008.0 5620 2.8140 1.030 0 930 11770 910 1.383.0 880 1,5190 020 13860 340 12400) 12110 1230 1060 (2860) For the Fiscal Period Ending 14 15 Currency 16 17 Revenue 18 Omer Revenue 19 Total Revenue 20 21 Cost of Goods Sold 22 Gross Profit 23 24 Seang General & Admin Exp 25 R&D EXP 26 Depreciation & Amor 27 Other Operating Expense come) 28 29 Other Operating Exp. Total 30 31 Operating income 32 33 werest Expense 34 Interest and trust income 35 Net Interest Exp. 36 37 Currency Exchange Gains (Loss) 38 Other Non-Operating Inc (Exp) 39 EBT Excl. Unusual Items 40 41 Restructuring Charges 42 Merger & Related Restruct Charges 43 Impairment of Goodwill 44 Gain (Loss) On Sale Of Invest 45. Gain (LossOn Sale Of Assets 48 Act When Income Statement Balance Sheet 943.0 1,057.0 1,5940 1,7170 1.204.0 1,503.0 1,404.0 1.1170 1.291.0 1.610.0 (1150) (1830) 30 1180.00 (360) 20 354.0) (3450) 40 (341.0) 2203 (2100) TO (209.09 (115.0) (150) 1.0 (10) 1.373.0 1.225.0 763.0 9480 1.400.0 148.0) (1210) (09.00) (530) (2020) (1070) (90) (100) (10) (490) 1640) (110) Cash Flow B D E m (150) 10 20) 110 1,373.0 1,2250 763.0 9480 1/4000 (480) 2020 (1070) (1210) (096) 530 (90) (100) (10) 490) 1640) (110) (540) (220) (160) 1,516,0 8300 625.0 766,0 1.306.0 3100 9240 1060 7240 1510 4740 1740 5920 36 37 Currency Exchange Gainstoss) 38 Other Non Operating in (p) 39 EBTExcl. Unusual Items 40 41 Heucturing Charges 42 Merger & Reute Restruct Changes 43 mement of Good 44 Gain (Loss) On Sale Oftest 45 Gain (Loss) On Sale Of Assets 46 Asset Wittedown 47 Legal Setements 48 Other Unatoms 49 EBT Incl Unusual items 50 51 ncome Tax Expense 52 Earnings from Cont Ops 53 54 Earrings of Discontinued Ops 55 Estraord tom & Account Change 56 Net Income to Company 57 58 Minority in Earnings 59 Net Income 60 61 62 63 64 65 66 67 68 69 70 Income Statement Balance Sheet Acean 3080 1,000.0 (370) 146303 (2630) 10360 100) 8870 2610 2110 1.628.0 1,0020 > 8870 2510 2110 16280 10920 Cash Flow B D E G Jul-30-2017 USD Reclassified Jul 29-2018 USD Jul-28-2019 USD Aug-02-2020 USD Aug-01-2031 USO 3190 319,0 490 49.0 10 310 8500 899.0 690 690 5500 550 6050 5100 520 6630 5250 49.0 5740 5300 450 8780 5460 510 5950 9020 740 1,500 370 770 2.2.0 DO 4990 1,9670 8710 0 23850 880 180 1.6950 13 Balance Sheet Balance Sheet as of 14 16 Currency 16 ASSETS 17 Cash And Events 18 Total Cash & ST Investments 19 20 Accounts Recewable 21 Other Receivables 22 Total Receivables 22 24 vnvertory 25 Other Current Assets 26 Total Current Assets 27 28 Gross Property Part & Expert 29 Accumulated Depreciation 30 Net Property. Plant & Equipment 31 32 Long term investments 33 Goodwe 34 Other intangibles 35 Deferred Tax Assets, LT 36 Other Long Term Assets 37 Total Assets 38 39 LIABILITIES 40 Accounts Payable 41 Accrued Exp 42 Short term Borrowings 43 Curr Port of LT Debt 44 Curr Port of Leases 45 Cum Income Tas Payable 46 Other Current Ladies 47 Total Current Liabilities 4R Income Statement 8,0430 35000) 2.454.0 52390 170 2.4660 52150 1000 2.455.0 6.5390 29170 2.622.0 5.7240 11902 2.6050 090 2,1150 1.11 300 2440 7.725.0 320 39040 3040 20 21450 14.620.0 770 40170 314150 3930 3.3500 2010 3.2390 12170 131480 200 12.3120 2140 11.7440 3080 4940 1033.0 220 10 200 1860 2.3950 7050 510 11950 7900 10700 5130 370 5140 5720 2000 5000 210 150 6130 3.3850 1 0090 0030 2780 9210 700 240 1300 3,0750 100 3000 3,6940 650 3.0 1240 1,8140 Balance Sheet Cash Flow B p m DEBO 4940 10380 220 1.0 200 1560 2.3950 7060 4040 11160 3900 1,0490 8030 1 0/0 0 5130 370 2780 8140 6720 8500 0000 21.0 150 6120 3,385.0 100 360 3,594.0 9210 700 240 1300 3.075,0 650 5.0 1240 1.8140 7.9010 24920 70 6000 4900 1800 6.081.0 170 9000 2040 13,106.0 39 LIABILITIES 40 Accounts Payable 41 Accrued Exp 42 Short term Borrowings 43 Curr. Port of LT Debt 44 Car Port of Leases 45 Curr Income Tax Payable 46 Other Current Labities 47 Total Current Llabilities 48 49 Long Term Debe 50 Long-Term Lenses 51 Pension & Other Post Retre benefits 52 Det. Tax Libity, Non Curr 53 Other Non Current Liables 54 Total Liabilities 55 56 Common Stock 57 Additional Paid Capital 58 Retained Earrings 59 Treasury Stock 60 Comprehensive Inc and her 61 Total Common Equity 62 63 Minority interest 64 65 Total Equity 66 67 Total Liabilities And Equity 68 69 Supplemental Items 70 Total Shares Out on Balance Sheet Date 71 72 Market Price of Stock 73 74 Income Statement Balance Sheet 7,1010 20 3990 9240 2350 12.036.0 40000 1890 120 0140 1740 98030 5,0020 1880 3410 1,0510 1940 8.580.0 120 390 120 3590 21950 (1.000) 1530) 16370 2,2240 (1.1030) (1189) 1,3440 120 3720 10930 (30760 120 3040 31000 (1.033.0) (100) 2,5630 120 4140 37420 (1.0210) 50 3,1520 1.103.0 RO 90 DO 60 20 1.545,0 1.373.0 1.112.0 2,5690 3.1540 7.720.0 14,529.0 13.140.0 12,372.0 11.2340 3010 3010 3010 3120 3020 $6620 33345 $45.00 $5261 $4173 Cash Flow B Restated 12 months Jul 30-2017 USD Restated 12 months Jul-20-2013 USD D Restated 12 months Jul-28-2019 USD E Restated 12 months Aug-02-2020 USD 12 months Aug-01-2021 USD 8670 1920 10 1930 2610 2000 200 279.0 211.0 3150 480 3630 16280 2850 430 328.0 1,002.0 2750 29 3170 110 100 000 2050 (2000) 280 12.0 10 470 580 3120 1975) 490 90 610 210 040 For the Fiscal Period Ending 14 15 Currency 16 17 Net Income 18 Depreciation & Nort 19 Amort of Goodwind angles 20 Depreciation & Amort, Total 21 22 anos From Sale Of Assets 23 (Can) Loss On Me Ofnvest 24 Asset Wittdown & Restructuring Costs 25 Stock Based Compensation 26 Cash From Descobed Ops 27 Other Operating Activities 20 Change Ace Recoratie 29 Change in vertones 30 Change in Ace Payable 31 Change in the Net Operating Assets 32 Cash from Opus 33 34 Captal Expenditure 35 Cash Acquations 36 Owestres 37 wet in Markettle & Equity Securt 38 Net inc) Dec w Loans OriginatedSold 39 Other investing Activities 40 Cash from Investing 41 42 Short Term ek is sed 43 Long Term Det sued 44 Total Debt issued 45 Short Term Debt Repaid 46 Long-Term Debt Repad 47 Total Debt Repaid 48 Income Statement Balance Sheet 100 1100 010 9140 000) 500 (140) 780 220 14100 170 (110) 20 (10) RYO 1.236.0 1250 10) 1.250 0 2040 000) (200) 1450 00 1. JMO 910) (200) (770) (1640 790 1,0350 03380) (407) (781) 100 6840) (470) 310 2900) (110) 2560 300 02750) (20) 1110 OO (3680) 19.0 (7.1970) 5520 153.0 40 22720 80 (1580) 58090 000 2470 2110 8.458.0 10020) 00 (8.4920) 107220 02240 16.4460 09.0440) 5.8390 10.2000) 7000 15,998.0) 66170 10000 6.6170 SOR) 20 9,17701 3200 (5000) 0919 (1.01) (10.007.0) Cash Flow B D E F G G 010 04.0 000 2850 (2000) 280 100 (480) 270 1,236.0 610 9140 (3080) 58.0 (840) 780 21.0 1.410.0 580 3120 770 (110) 300 1250 (10) 1.2500 2040 (300) (200) 1450 00) 1,396,0 (910) (2009 (77) (1840 (0) 10350 (3380 (1070) (0.7810) 100 (894) 14709 010 2000 (110) 2,5480 500 (2750 201 1110 000 (3400) 5610 1630 40 2.272.0 RO (1580) 5000 00 25 Stock-Based Compensation 26 Net Catch From Duscontinued Ops 27 Other Operating Activities 28 Change Ac Recette 29 Chango in inventones 30 Change in Ace Payable 31 Change Other Net Operating Assets 32 Cash from Ops 33 34 Captal Expenditure 35 Cash Acquions 36 Owestres 37 west in Mettle & Equity scurt 38 Mit dinc Dec In Loans Orginated 39 Other Active 40 Cash from Investing 41 42 Short Term Dettissued 43 Long Term Debt sod 44 Total Debt issued 45 Short Term Debt Repad 46 Long Term Debt Ropad 47 Total Debt Repaid 48 49 Issuance of Common Stock 50 Repurchase of Convon Stock 51 52 Common Dividends Paid 53 Total Dividends Paid 54 55 Special Dividend Paid 56 Other Financing Activities 57 Cash from Financing 58 59 Foreign Exchange Rate Ad 60 Net Change in Cash 61 Income Statement Balance Sheet 8,270 110 8.4500 02.0) 00 18,402.01 (199) (7.1970) 10,2220 2240 16,445.0 10.9440) 030 (10.007.0) 0.8390 62300) (7000 (688) SO170 0030 6,6170 ) CO) 19.177.01 230 (120) 3200 100 1921 11.5010 20 (4500) 20 1510) (1000) (4200 (4200) 14250) (4260) 4200 (4260) 1493.02 (439.01 30 (9080) 1970) 1070 (10) (1.50101 1202 12.007.0) 11.669.0) 110 1290 (BO) 12.0 70 1198.01 (10) 6990 20 (0.01 Cash Flow Economic Value Added and ROIC a.) Using 2021 data and the calculated WACC in 2a did Campbell add or detract value using the Economic Value Added criteria? b.) How does the Return on Invested Capital (ROIC) compare to the WACC? E Reclassified 12 months Jul-30-2017 USD Reclassified 12 months Jul-29-2018 USD 12 months Jul-28-2019 USD 12 months Aug-02-2020 USD 12 months Aug-01-2021 USD 5.8370 6.6150 8 1070 8.6910 84780 5,837.0 6,615.0 8,107.0 8,6910 8,476,0 3.3910 2.446.0 4.1540 2/461.0 53960 2,711.0 5,0830 3,008.0 5620 2.8140 1.030 0 930 11770 910 1.383.0 880 1,5190 020 13860 340 12400) 12110 1230 1060 (2860) For the Fiscal Period Ending 14 15 Currency 16 17 Revenue 18 Omer Revenue 19 Total Revenue 20 21 Cost of Goods Sold 22 Gross Profit 23 24 Seang General & Admin Exp 25 R&D EXP 26 Depreciation & Amor 27 Other Operating Expense come) 28 29 Other Operating Exp. Total 30 31 Operating income 32 33 werest Expense 34 Interest and trust income 35 Net Interest Exp. 36 37 Currency Exchange Gains (Loss) 38 Other Non-Operating Inc (Exp) 39 EBT Excl. Unusual Items 40 41 Restructuring Charges 42 Merger & Related Restruct Charges 43 Impairment of Goodwill 44 Gain (Loss) On Sale Of Invest 45. Gain (LossOn Sale Of Assets 48 Act When Income Statement Balance Sheet 943.0 1,057.0 1,5940 1,7170 1.204.0 1,503.0 1,404.0 1.1170 1.291.0 1.610.0 (1150) (1830) 30 1180.00 (360) 20 354.0) (3450) 40 (341.0) 2203 (2100) TO (209.09 (115.0) (150) 1.0 (10) 1.373.0 1.225.0 763.0 9480 1.400.0 148.0) (1210) (09.00) (530) (2020) (1070) (90) (100) (10) (490) 1640) (110) Cash Flow B D E m (150) 10 20) 110 1,373.0 1,2250 763.0 9480 1/4000 (480) 2020 (1070) (1210) (096) 530 (90) (100) (10) 490) 1640) (110) (540) (220) (160) 1,516,0 8300 625.0 766,0 1.306.0 3100 9240 1060 7240 1510 4740 1740 5920 36 37 Currency Exchange Gainstoss) 38 Other Non Operating in (p) 39 EBTExcl. Unusual Items 40 41 Heucturing Charges 42 Merger & Reute Restruct Changes 43 mement of Good 44 Gain (Loss) On Sale Oftest 45 Gain (Loss) On Sale Of Assets 46 Asset Wittedown 47 Legal Setements 48 Other Unatoms 49 EBT Incl Unusual items 50 51 ncome Tax Expense 52 Earnings from Cont Ops 53 54 Earrings of Discontinued Ops 55 Estraord tom & Account Change 56 Net Income to Company 57 58 Minority in Earnings 59 Net Income 60 61 62 63 64 65 66 67 68 69 70 Income Statement Balance Sheet Acean 3080 1,000.0 (370) 146303 (2630) 10360 100) 8870 2610 2110 1.628.0 1,0020 > 8870 2510 2110 16280 10920 Cash Flow B D E G Jul-30-2017 USD Reclassified Jul 29-2018 USD Jul-28-2019 USD Aug-02-2020 USD Aug-01-2031 USO 3190 319,0 490 49.0 10 310 8500 899.0 690 690 5500 550 6050 5100 520 6630 5250 49.0 5740 5300 450 8780 5460 510 5950 9020 740 1,500 370 770 2.2.0 DO 4990 1,9670 8710 0 23850 880 180 1.6950 13 Balance Sheet Balance Sheet as of 14 16 Currency 16 ASSETS 17 Cash And Events 18 Total Cash & ST Investments 19 20 Accounts Recewable 21 Other Receivables 22 Total Receivables 22 24 vnvertory 25 Other Current Assets 26 Total Current Assets 27 28 Gross Property Part & Expert 29 Accumulated Depreciation 30 Net Property. Plant & Equipment 31 32 Long term investments 33 Goodwe 34 Other intangibles 35 Deferred Tax Assets, LT 36 Other Long Term Assets 37 Total Assets 38 39 LIABILITIES 40 Accounts Payable 41 Accrued Exp 42 Short term Borrowings 43 Curr Port of LT Debt 44 Curr Port of Leases 45 Cum Income Tas Payable 46 Other Current Ladies 47 Total Current Liabilities 4R Income Statement 8,0430 35000) 2.454.0 52390 170 2.4660 52150 1000 2.455.0 6.5390 29170 2.622.0 5.7240 11902 2.6050 090 2,1150 1.11 300 2440 7.725.0 320 39040 3040 20 21450 14.620.0 770 40170 314150 3930 3.3500 2010 3.2390 12170 131480 200 12.3120 2140 11.7440 3080 4940 1033.0 220 10 200 1860 2.3950 7050 510 11950 7900 10700 5130 370 5140 5720 2000 5000 210 150 6130 3.3850 1 0090 0030 2780 9210 700 240 1300 3,0750 100 3000 3,6940 650 3.0 1240 1,8140 Balance Sheet Cash Flow B p m DEBO 4940 10380 220 1.0 200 1560 2.3950 7060 4040 11160 3900 1,0490 8030 1 0/0 0 5130 370 2780 8140 6720 8500 0000 21.0 150 6120 3,385.0 100 360 3,594.0 9210 700 240 1300 3.075,0 650 5.0 1240 1.8140 7.9010 24920 70 6000 4900 1800 6.081.0 170 9000 2040 13,106.0 39 LIABILITIES 40 Accounts Payable 41 Accrued Exp 42 Short term Borrowings 43 Curr. Port of LT Debt 44 Car Port of Leases 45 Curr Income Tax Payable 46 Other Current Labities 47 Total Current Llabilities 48 49 Long Term Debe 50 Long-Term Lenses 51 Pension & Other Post Retre benefits 52 Det. Tax Libity, Non Curr 53 Other Non Current Liables 54 Total Liabilities 55 56 Common Stock 57 Additional Paid Capital 58 Retained Earrings 59 Treasury Stock 60 Comprehensive Inc and her 61 Total Common Equity 62 63 Minority interest 64 65 Total Equity 66 67 Total Liabilities And Equity 68 69 Supplemental Items 70 Total Shares Out on Balance Sheet Date 71 72 Market Price of Stock 73 74 Income Statement Balance Sheet 7,1010 20 3990 9240 2350 12.036.0 40000 1890 120 0140 1740 98030 5,0020 1880 3410 1,0510 1940 8.580.0 120 390 120 3590 21950 (1.000) 1530) 16370 2,2240 (1.1030) (1189) 1,3440 120 3720 10930 (30760 120 3040 31000 (1.033.0) (100) 2,5630 120 4140 37420 (1.0210) 50 3,1520 1.103.0 RO 90 DO 60 20 1.545,0 1.373.0 1.112.0 2,5690 3.1540 7.720.0 14,529.0 13.140.0 12,372.0 11.2340 3010 3010 3010 3120 3020 $6620 33345 $45.00 $5261 $4173 Cash Flow B Restated 12 months Jul 30-2017 USD Restated 12 months Jul-20-2013 USD D Restated 12 months Jul-28-2019 USD E Restated 12 months Aug-02-2020 USD 12 months Aug-01-2021 USD 8670 1920 10 1930 2610 2000 200 279.0 211.0 3150 480 3630 16280 2850 430 328.0 1,002.0 2750 29 3170 110 100 000 2050 (2000) 280 12.0 10 470 580 3120 1975) 490 90 610 210 040 For the Fiscal Period Ending 14 15 Currency 16 17 Net Income 18 Depreciation & Nort 19 Amort of Goodwind angles 20 Depreciation & Amort, Total 21 22 anos From Sale Of Assets 23 (Can) Loss On Me Ofnvest 24 Asset Wittdown & Restructuring Costs 25 Stock Based Compensation 26 Cash From Descobed Ops 27 Other Operating Activities 20 Change Ace Recoratie 29 Change in vertones 30 Change in Ace Payable 31 Change in the Net Operating Assets 32 Cash from Opus 33 34 Captal Expenditure 35 Cash Acquations 36 Owestres 37 wet in Markettle & Equity Securt 38 Net inc) Dec w Loans OriginatedSold 39 Other investing Activities 40 Cash from Investing 41 42 Short Term ek is sed 43 Long Term Det sued 44 Total Debt issued 45 Short Term Debt Repaid 46 Long-Term Debt Repad 47 Total Debt Repaid 48 Income Statement Balance Sheet 100 1100 010 9140 000) 500 (140) 780 220 14100 170 (110) 20 (10) RYO 1.236.0 1250 10) 1.250 0 2040 000) (200) 1450 00 1. JMO 910) (200) (770) (1640 790 1,0350 03380) (407) (781) 100 6840) (470) 310 2900) (110) 2560 300 02750) (20) 1110 OO (3680) 19.0 (7.1970) 5520 153.0 40 22720 80 (1580) 58090 000 2470 2110 8.458.0 10020) 00 (8.4920) 107220 02240 16.4460 09.0440) 5.8390 10.2000) 7000 15,998.0) 66170 10000 6.6170 SOR) 20 9,17701 3200 (5000) 0919 (1.01) (10.007.0) Cash Flow B D E F G G 010 04.0 000 2850 (2000) 280 100 (480) 270 1,236.0 610 9140 (3080) 58.0 (840) 780 21.0 1.410.0 580 3120 770 (110) 300 1250 (10) 1.2500 2040 (300) (200) 1450 00) 1,396,0 (910) (2009 (77) (1840 (0) 10350 (3380 (1070) (0.7810) 100 (894) 14709 010 2000 (110) 2,5480 500 (2750 201 1110 000 (3400) 5610 1630 40 2.272.0 RO (1580) 5000 00 25 Stock-Based Compensation 26 Net Catch From Duscontinued Ops 27 Other Operating Activities 28 Change Ac Recette 29 Chango in inventones 30 Change in Ace Payable 31 Change Other Net Operating Assets 32 Cash from Ops 33 34 Captal Expenditure 35 Cash Acquions 36 Owestres 37 west in Mettle & Equity scurt 38 Mit dinc Dec In Loans Orginated 39 Other Active 40 Cash from Investing 41 42 Short Term Dettissued 43 Long Term Debt sod 44 Total Debt issued 45 Short Term Debt Repad 46 Long Term Debt Ropad 47 Total Debt Repaid 48 49 Issuance of Common Stock 50 Repurchase of Convon Stock 51 52 Common Dividends Paid 53 Total Dividends Paid 54 55 Special Dividend Paid 56 Other Financing Activities 57 Cash from Financing 58 59 Foreign Exchange Rate Ad 60 Net Change in Cash 61 Income Statement Balance Sheet 8,270 110 8.4500 02.0) 00 18,402.01 (199) (7.1970) 10,2220 2240 16,445.0 10.9440) 030 (10.007.0) 0.8390 62300) (7000 (688) SO170 0030 6,6170 ) CO) 19.177.01 230 (120) 3200 100 1921 11.5010 20 (4500) 20 1510) (1000) (4200 (4200) 14250) (4260) 4200 (4260) 1493.02 (439.01 30 (9080) 1970) 1070 (10) (1.50101 1202 12.007.0) 11.669.0) 110 1290 (BO) 12.0 70 1198.01 (10) 6990 20 (0.01 Cash Flow