Question
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):
Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):
Cash and Cash Equivalents $619.6 Net Cash from Operations 1,526.8 Sales 14,880.2 Stockholders' Equity 6,612.2 Cost of Goods Sold 8,926.7 Net Cash from Financing (865.3) Total Liabilities 12,062.3 Other Expenses 4,150.0 Noncash Assets 18,054.9 Net Cash from Investing (715.1) Net Income 1,803.5 Cash, beginning year 673.2
a. Prepare an income statement, balance sheet, and statement of cash flows for General Mills, Inc.
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