Question
Following is selected financial information from General mills, Inc., for its fiscal yeah ended May 27, 2018($millions): Cash and cash equivalents...$ 399 Nat cash from
Following is selected financial information from General mills, Inc., for its fiscal yeah ended May 27, 2018($millions):
Cash and cash equivalents...$ 399
Nat cash from operations...2,841
Sales...15,740.4
Stockholders' equity...6,492.4
costs of good sold...10,312.9
net cash from financing...5,445.5
total liabilities...24,131.6
other expenses, including income tax...3,264.5
noncash assest...30,225
net cash from investing...(8,685.4)
net income...2,163.0
effect of exchange rate changes on cash...31.8
cash, beginning year...766.1
a. prepare income statement, balance sheet, and statement of cash flows for General Mills, Inc.
b. What portion of the financing is contributed by owners?
Please show all work.
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