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formulating financial statements from raw data. Please provide formulas Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from JM

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Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from JM Smucker Co. for the year ended April 30, 2018 (5 millions Current assets, end of year $1,3995 Long-term liabilities, end of year 55,738.7 Cash, end of year 1733 Stockholders equity, end of year 7,102.0 Cash from investing activities 249.8) Cash from operating activities 1,096.2 Cost of products sold 4,068.9 Total assets, beginning of year 14,075.7 Total abilities, end of year 6,669.1 Revenue 6,621.4 Cash from financing activities (823.1) Total expenses, other than cost of 1,347.8 Stockholders' equity, beginning of year 6.165.2 product sold Dividends paid 3153 * Cash from financing activities includes the effects of foreign exchange rate fluctuations. a. Prepare the income statement for the year ended April 30, 2018. Note: Do not use negative signs with any of your answers. JM Smucker Co Income Statement (5 millions) For the year ended April 30, 2018 Revenues Cost of product sold Gross profit Expenses Net income 5 b. Prepare the balance sheet as of April 30, 2018 JM Smucker Co Balance Sheet (5 millions April 30, 2018 24 b. Prepare the balance sheet as of April 30, 2018. JM Smucker Co Balance Sheet (5 millions April 30, 2018 Current assets Current liabilities Long-term assets Long-term liabilities Total liabilities Stockholders equity Total assets Total liabilities and equity S Prepare the statement of cash flows for the year ended April 30, 2018 Note: Use a negative sign with your answer to indicate cash was used by activities and/or a decrease in JM Smucker Co Statement of Cash Flow (5 millions) For the year ended April 30, 2018 Cash from operating activities Cash from investing activities Cash from financing activities Net increase (decrease in cash Cash, beginning of year Cash end of year $ d. Compute ROA e. Compute profit margin (PM). f. Compute asset turnover (AT) B. Compute ROE Notes: Round ROA, PM, and ROE to one decimal place (ex 10.5%). Round AT (asset turnover) to two decimal places (0.33) 24

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