Please help answer the following (long) question in the images below. Thank you in advance!

Analyzing, Forecasting, and Interpreting Both Income Statement and Balance Sheet Following are the income statements and balance sheets of General Mills, Inc. Income Statement, Fiscal Years Ended {$ millions} May 29, 2011 May 30, 2010 Net Sales $14,880.2 $14,635.6 Cost of sales 8,926.7\" 8,835.4 Selling, general and administrative expenses 3,192.0 3,162.7 Divestitures {gain}, net (12.4) Restructuring, impairment, and other exit costs 4.4 31.4 Operating income 2,774.5 2,606.1 Interest, net 346.3 401.6 Earnings before income tax expense and equity in income of affiliates 2,428.2 2,204.5 Income tax expense 721.1 771.2 After-tax earnings from joint ventures 96.4 101.7 Net earnings including noncontrolling interests 1,803.5 1,535.0 Net earnings attributable to noncontrolling interests 5.2 4.5 Net earnings attributable to General Mills 55 1,798.3 $ 1,530.5 Balance Sheet {$ millions) May 29, 2011 May 30, 2010 Assets Cash and cash equivalenE $ 619.6 $ 673.2 Receivables 1,162.3 1,041.6 Inventories 1,609.3 1,344.0 Deferred income taxes 27.3 42.7 Prepaid expenses and other current assets 483.5 378.5 Total current assets 3,902.0 3,480.0 Land, buildings and equipment 3,345.9 3,127.7 Goodwill 6,750.8 6,592.8 Otherintangible asseE 3,813.3 3,715.0 Other assets 862.5 763.4 Total asseE $ 18,6745 5: 17,6789 Liabilities and Equity Accounts payable $ 995.1 $ 849.5 Current portion oflongterm debt 1,031.3 107.3 Notes payable 311.3 1,050.1 Other current liabilities 1,321.5 1,762.2 Total current liabilities 3,659.2 3,769.1 Longterm debt 5,542.5 5,268.5 Deferred income taxes 1,127.4 874.6 Otherliabilities 1,733.2 2,118.7 Total liabilities 12.0623 12.0309 Stockholders' equity Common stock, 754.6 shares issued. $0.10 par value 75.5 75.5 Additional paidin capital 1,319.8 1,307.1 Retained earnings 9,191.3 8,122.4 Common stock in treasury, at cost. shares of 109.8 and 98.1 {3,210.3} {2,615.2} Accumulated other comprehensive loss {1,010.8} {1,486.9} "otal shareholders' equity 6,365.5 5,402.9 Noncontrol ling interests [246.7] [245.1] "otal equity 6,612.2 5,648.0 Total Liabilities and Equity $18,674.5 $17,678.9 Forecast General Mill's fiscal 2012 income statement using the following relations (assume "no change" for accounts not listed). Net sales growth 5.5% Cost of sales/Net sales 60.0% Selling, general and administrative expenses/Net sales 21.5% Divestitures (gain), net $-- Restructuring, impairment, and other exit costs $-- Interest, net $346.3 Income tax expense/Pretax income 29.7% After-tax earnings from joint ventures $96.4 Net earnings attributable to noncontrolling interests/Net earnings before attribution 0.4% Round answers to one decimal place. Do not use negative signs with your answers. 2012 Income Statement, Fiscal Years Ended ($ millions) Estimated Net sales $ Cost of goods sold Selling, general and administrative expenses Divestitures (gain), net Restructuring, impairment, and other exit costs Operating income Interest expense Earnings before income tax expense and equity in income of affiliates Income tax expense Equity in income of affiliates Net earnings including noncontrolling interests Net earnings attributable to noncontrolling interests Net earnings attributable to General Mills $Forecast General Mill's fiscal 2012 balance sheet using the following relations (assume"no change" for accounts not listed). Assume that all capital expenditures are purchases of land, building and equipment, net. ($ millions). Receivables/Net sales 7.8% Inventories/Net sales 10.8% Deferred income tax/Net sales 0.2% Prepaid expenses and other current assets/Net sales 3.2% Other intangible assets $0 amortization Other Assets/Net sales 5.8% Accounts payable/Net sales 6.7% Other current liabilities/Net sales 8.9% Current portion of long-term debt $733.6 Deferred income taxes/Net sales 7.6% Other liabilities/Net sales 11.6% Noncontrolling interests Capital expenditures/Net sales 4.4% Depreciation/Prior year net PPE 20.7% Dividends/Net income 40.6% Current maturities of long-term debt in fiscal 2013 $733.6 *increase by net income attributable to noncontrolling interests and assume no dividends- Round answers to one decimal place. - Use a negative sign with your Treasury stock and Accumulated other comprehensive loss. Balance Sheet 2012 [5 millions} Estimated Assets Cash and cash equivalents Receivables Inventories Deferred income taxes Prepaid expenses and other Total current assets Land; buildings, and equipment Goodwill Other intangible assets Other assets Total assets Liabilities and equity Accounts payable Current portion of longterm debt Notes payable Other current liabilities Total current liabilities Total longterm debt Deferred income taxes Other liabilities Total liabilities Stockholders equity Common stock Additional paidin capital Retained earnings Common stock in treasury Accumulated other comprehensiveloss Total shareholders' equity Noncontrolling interests Total equity Total liabilities and Equity