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Following is selected financial information from General Mills Inc. for its fiscal year ended May 2 7 , 2 0 1 8 ( $ millions

Following is selected financial information from General Mills Inc. for its fiscal year ended May 27,2018($ millions).
Cost of goods sold (COGS) $10,312.9 Cash from operating activities $2,841.0
Cash from investing activities (8,685.4) Noncash assets, end of year 30,225.0
Cash, end of year 399.0 Cash from financing activities*5,477.3
Income tax expense 57.3 Total assets, beginning of year 21,812.6
Revenue 15,740.4 Total liabilities, end of year**24,131.6
Total expenses, other than COGS 3,207.2 Stockholders' equity, end of year 6,492.4
and income tax
* Cash from financing activities includes the effects of foreign exchange rate fluctuations.
** Total liabilities includes redeemable interest.
a. Prepare the income statement for the year ended May 27,2018.
Note: Do not use negative signs with any of your answers.
General Mills
Income Statement ($ millions)
For the year ended May 27,2018
b. Prepare the balance sheet as of May 27,2018.
General Mills
Balance Sheet ($ millions)
May 27,2018
c. Prepare the statement of cash flows for the year ended May 27,2018.
Note: Use a negative sign with your answer to indicate cash was used by activities and/or a decrease in cash.
General Mills
Statement of Cash Flow ($ millions)
For the year ended May 27,2018
Cash from investing activities
Cash from financing activities
d. Compute ROA.
e. Compute profit margin (PM).
f. Compute asset turnover (AT).
Notes:
Round ROA and PM to one decimal place (ex: 10.5%)
Round Asset turnover to two decimal places (0.33)
ROA
PM
AT

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