Following is selected financial information from Cisco Systems Inc. for the year ended July 30, 2016 ($ millions).

Cash,endingyear ................ $ 7,631 Totalliabilities.................. $ 58,067

Cash from operating activities . . . . . . . 13,570 Cash from financing activities . . . . . (4,699) Sales........................... 49,247 Noncashassets ................ 114,021

Stockholdersequity .............. 63,585 Cashfrominvestingactivities...... (8,117) Costofgoodssold................ 18,287 Netincome.................... 10,739

Totalexpenses(otherthancostof Cash,beginningyear............ 6,877

goodssold)..................20,221 f

1. Prepare the income statement, balance sheet and the statement of cash flows for Cisco System for the fiscal year ended July 30, 2016.
2. Do the negative amounts for cash from investing- activities and cash from financing activities concern us? Explain
3. Using the statements prepared for part a compute the following ratios (for this part only use the year-end balance instead of the average for assets and stockholders equity;

1. Profit margin
2. Asset turnover
3. Return on assets
4. Return on equity