Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Item 6. Selected Financial Data 20170 2016 201513) 201419 201309 $7,890 $7.961 $8,082 $8,268 $8,052 1,400 960 1,054 1,267 1,474 1,293 849 949 1,148 1,349

image text in transcribedimage text in transcribed

Item 6. Selected Financial Data 20170 2016 201513) 201419 201309 $7,890 $7.961 $8,082 $8,268 $8,052 1,400 960 1,054 1,267 1,474 1,293 849 949 1,148 1,349 887 563 666 774 934 81 (231) 887 563 703 887 563 666 866 712 666 855 Fiscal Year (Millions, except per share amounts) Summary of Operations Net sales Earnings before interest and taxes Earnings before taxes Earnings from continuing operations Earnings (loss) from discontinued operations Net earnings Net earnings attributable to Campbell Soup Company Financial Position Plant assets - net Total assets Total debt Total equity Per Share Data Earnings from continuing operations attributable to Campbell Soup Company - basic Earnings from continuing operations attributable to Campbell Soup Company - assuming dilution Net earnings attributable to Campbell Soup Company - basic. Net earnings attributable to Campbell Soup Company - assuming dilution Dividends declared Other Statistics Capital expenditures. Weighted average shares outstanding - basic. Weighted average shares outstanding - assuming dilution.. S2,454 $2,407 $2,347 $2,318 $2,260 7,726 7.837 8,077 8,100 8,290 3,536 3,533 4,082 4,003 4,438 1,645 1,533 1,377 1,602 1,192 $ 2.91 $ 1.82 $ 2.13 $ 2.50 $ 3.00 2.89 2.91 1.81 1.82 2.13 2.13 2.48 2.76 2.97 2.27 2.89 1.81 2.13 2.25 2.74 1.248 1.40 1.248 1.248 1.16 S 338 $ 341 $ 380 $ 347 $ 336 305 309 312 314 314 307 311 313 316 317 This problem is based on the 2017 annual report of Campbell Soup Company. Answer the following questions. Refer to the Selected Financial Data for parts (a) to (d). Required: a. Find the net sales in 2014. (Enter your answer in millions.) b. Calculate the operating income (earnings before interest and taxes) in 2013. (Enter your answer in millions.) C. Calculate the difference between operating income (earnings before interest and taxes) and net income (net earnings) in 2015. (Enter your answer in millions.) d. Find the year(s) in which net income (net earnings) decreased compared to the previous year

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Financial Accounting

Authors: Carl S. Warren, James M. Reeve

9th Edition

0324381921, 978-0324381924

More Books

Students also viewed these Accounting questions