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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

) .

Required

.

Prepare the income statement for the year.

.

Prepare the balance sheet at the end of the year.

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