Following is selected financial information from JM Smucker Co. for the year ended April 30, 2018 ($ millions). Current assets, end of year $1,399.5 Long-term liabilities, end of year 173.3 Stockholders' equity, end of year Cash, end of year (249.8) Cash from operating activities 4,068.9 Total assets, beginning of year 6,669.1 Revenue (823.1) Total expenses, other than cost of product sold Dividends paid * Cash from financing activities includes the effects of foreign exchange rate fluctuations. Cash from investing activities Cost of products sold Total liabilities, end of year Cash from financing activities* Stockholders' equity, beginning of year 6,165.2 a. Prepare the income statement for the year ended April 30, 2018. Note: Do not use negative signs with any of your answers. JM Smucker Co Income Statement ($ millions) For the year ended April 30, 2018 Revenues $ 6621.4 4068.9 2552.5 1347.8 1204.7 Cost of product sold Gross profit Expenses Net income $ $5,738.7 7,102.0 1,096.2 14,075.7 6,621.4 1,347.8 315.3 Current assets $ Long-term assets Total assets $ ROA PM JM Smucker Co Balance Sheet ($ millions) April 30, 2018 1399.5 Current liabilities JM Smucker Co Statement of Cash Flow ($ millions) For the year ended April 30, 2018 Cash from operating activities $ Cash from investing activities Cash from financing activities Net increase (decrease) in cash Cash, beginning of year Cash, end of year AT ROE Long-term liabilities. Total liabilities % % c. Prepare the statement of cash flows for the year ended April 30, 2018. Note: Use a negative sign with your answer to indicate cash was used by activities and/or a decrease in cash. d. Compute ROA. e. Compute profit margin (PM). f. Compute asset turnover (AT). g. Compute ROE. % Stockholders' equity Total liabilities and equity $ $ $ 1096.2 -249.8 -823.1 23.1 150.02 173.3 Notes: Round ROA, PM, and ROE to one decimal place (ex: 10.5%). Round AT (asset turnover) to two decimal places (0.33). 5738.7 6165.2