Question
ook D nces Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160
ook D nces Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) presented in alphabetical order Accounts payable $ 665 Other assets Accounts receivable Accrued expenses Cash and cash equivalents Common stock, $0.0375 par value Intangible assets $ 138 590 Other current assets 76 610 Other current debt 1,105 316 Other noncurrent liabilities 3,852 350 Property, plant, and equipment, net 3,063 Retained earnings 2,367 916 978 Inventories Required: Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31) Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). CARLTON SOUP COMPANY Consolidated Balance Sheet (in millions) Assets Current Assets Total current assets Total assets 0 Liabilities and Stockholders' Equity Current Rabbes Total current liabilities Total abilities Stockholders' Equity Total stockholders equity Total atates and stockholders eauty $ D
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