Exercise 12-1 The current asset portion of Darden Restaurants, Inc.'s balance sheet is as follows (in $millions). Fiscal Year Ended May 31, 2015 May 25, 2014 Current assets $535.90 78.00 163.90 18.90 69.40 157.40 32.90 $1,056.40 $98.30 83.80 196.80 10.90 71.70 124.00 1,390.30 $1,975.80 Cash and cash equivalents Receivables, net Prepaid income taxes Prepaid expenses and other Deferred income taxes Assets held for sale Total current assets Prepare a horizontal analysis of Darden Restaurants' current assets. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000,-2090 or (55,000), (2090). Round percentages to 1 decimal place, eg. 12.5% and other answers to 2 decimal places, e.g. 12.52) 5/31/2015 5/25/2014 Change % Change Current assets: Cash and cash equivalents Receivables, net Prepaid income taxes Prepaid expenses/other current assets Deferred income taxes 9/% Assets held for sale 9/% Total current assets Click if you would like to Show Work for this question: Open Show Work