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Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from JM Smucker Co . for a recent fiscal year (

Formulating Financial Statements from Raw Data and Calculating Ratios
Following is selected financial information from JM Smucker Co. for a recent fiscal year ($ millions).
Current assets, end of year $4,020.2 Noncurrent liabilities, end of year $11,924.2
Cash, end of year 339.8 Stockholders' equity, end of year 16,280.2
Cash for investing activities (711.0) Cash from operating activities 2,272.6
Cost of product sold 10,596.4 Total assets, beginning of year 32,568.4
Total liabilities, end of year 15,829.8 Revenue 15,997.8
Cash for financing activities (1,890.4) Total expenses, other than cost of product sold 4,138.0
Stockholders' equity, beginning of year 16,249.6 Dividends pai
d (836.2)

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