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Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from General Mills Inc. for its fiscal year ended May

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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 ($ millions). Cost of goods sold (COGS) Cash from investing activities Cash, end of year Income tax expense Revenue Total expenses, other than COGS and income tax $3,693.3 39,292.5 7,120.5 28,356.4 31,371.1 $13,406.8 Cash from operating activities (11,291.0) Noncash assets, end of year 518.7 Cash from financing activities* 74.5 Total assets, beginning of year 20,462.5 Total liabilities, end of year** 4,169.4 Stockholders' equity, end of year 8,440.1 * Cash from financing activities includes the effects of foreign exchange rate fluctuations. ** Total liabilities includes redeemable interest.

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