Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from General Mills Inc. for its fiscal year ended May 27, 2018 (5 millions) Cost of goods sold (COGS) $11.344.2 Cash from operating activities 53.125.1 Cash from investing activities 19.553.9) Noncash assets. end of year 33.247.5 Cash end of year 438.9 Cash from financing activities 6,025.0 Income tax expense 63.0 Total assets, beginning of year 23.993.9 Revenue 17,314.4 Total abilities, end of years 26.544.8 Total expenses, other than COGS 3.527.9 Stockholders' equity end of year 7.141.6 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 (5 millions) For the year ended May 27, 2018 5 0 oooooo *** b. Prepare the balance sheet as of May 27, 2018 b. Prepare the balance sheet as of May 27, 2018 General Mills Balance Sheet (5 millions) May 27, 2018 $ 0 . 0 5 0 0 0 5 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 (5 millions) For the year ended May 27, 2018 Cash from investing activities Cash from financing activities 0 0 D 0 d. Compute ROA e. Compute profit margin (PM). f. Compute asset turnover (AT) Notes: Notes: Round ROA and PM to one decimal place (ex: 10.596) Round Asset turnover to two decimal places (0.33) ROA 096 PM 096 AT 0