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PLEASE HELPPP!! GENEAAL MILLS INC, Consolidated Statements of Earnings 12 Menths Ended, $ millians Mary 25, 2018 Net sales. Cost of sales. Seling, general, and
PLEASE HELPPP!!
GENEAAL MILLS INC, Consolidated Statements of Earnings 12 Menths Ended, $ millians Mary 25, 2018 Net sales. Cost of sales. Seling, general, and administrathe expensea Diwestitures (loas). Pestructuring. imparmert, and ofher exil costs Operating profic. Benefit plan nanservice income. Inlerest. net ... Earnings betore income taxes and after-tax earnings trom joint vemures Income taxes Afior tax earnings from joint verturea Net earnings, including eamings attrisuable to redeemable and noncontroling interests Net earninge attrbutable to redeemable and nonoontroling inkerests. ... Net earnings atributable to Gereral Mils . . . $16,065.211,106.42,935.830.0275.12,515.9(67.9)521.82,0620367.8(72.0)1,766.233.5$1,752.7 GENERAL MILLS ENC. Consolidmed Balance Sheet $ milliens, except par value Miny 25, 2018 Curnerk assets Cash and cash equivalenta Pecsivables ... Imventories Prepsid expenses and other currert assets. Total currert assets Land, builaings, and equipmert. Goodwil Other intangble assets Cther assets . . . Total asectes ... Cumort liabilises Accourts pasyable. Currert portion of lang-lerm debt. Notes payable. Other current labilies... Total current labilies. .... Long-term debt. Cther lisbilities Total lisbillies. Pedeemable interest valus ......... Siockholders' equity Common stock, 754.6 shares issusd, $0.10 par value Additional psid-in capital Aetained eamings Common stock in treasury, at oost. . . Accumulated other compechenalve loas ... . . . . . . . . . Total stockholiders' equity. . . . . Noncontrolling interests Total equity. ... Total lisbilies and equity 450.01,679.71,559.3497.54,186.53,787.213,995.87,166.8974.9$30,111.2 \$ 2,854.1 1.396 .5 1,468.7 1,367.8 7,087-1 11,624.8 2,0510 1,448.922,191.8 22,191.8 551.7 75.5 1.3667 14,8967 6,7790 \{2,625.4 7,054.5 313.2 7,357.7 $30,111.2 Refer to the following information fotieneral Mills to answer the requirements. The segment information footnote to General Mills' 2019 10-K reports the following sales for operating units within the company's North America retail segment. We assume the following estimates for growth in units for each segment. Required a. Forecast FY2020 sales for each of the five segments. What will FY2020 sales be for the total U.S. retail segment? b. What is the overall forecasted growth rate for the total U.S. retail segment? GENEAAL MILLS INC, Consolidated Statements of Earnings 12 Menths Ended, $ millians Mary 25, 2018 Net sales. Cost of sales. Seling, general, and administrathe expensea Diwestitures (loas). Pestructuring. imparmert, and ofher exil costs Operating profic. Benefit plan nanservice income. Inlerest. net ... Earnings betore income taxes and after-tax earnings trom joint vemures Income taxes Afior tax earnings from joint verturea Net earnings, including eamings attrisuable to redeemable and noncontroling interests Net earninge attrbutable to redeemable and nonoontroling inkerests. ... Net earnings atributable to Gereral Mils . . . $16,065.211,106.42,935.830.0275.12,515.9(67.9)521.82,0620367.8(72.0)1,766.233.5$1,752.7 GENERAL MILLS ENC. Consolidmed Balance Sheet $ milliens, except par value Miny 25, 2018 Curnerk assets Cash and cash equivalenta Pecsivables ... Imventories Prepsid expenses and other currert assets. Total currert assets Land, builaings, and equipmert. Goodwil Other intangble assets Cther assets . . . Total asectes ... Cumort liabilises Accourts pasyable. Currert portion of lang-lerm debt. Notes payable. Other current labilies... Total current labilies. .... Long-term debt. Cther lisbilities Total lisbillies. Pedeemable interest valus ......... Siockholders' equity Common stock, 754.6 shares issusd, $0.10 par value Additional psid-in capital Aetained eamings Common stock in treasury, at oost. . . Accumulated other compechenalve loas ... . . . . . . . . . Total stockholiders' equity. . . . . Noncontrolling interests Total equity. ... Total lisbilies and equity 450.01,679.71,559.3497.54,186.53,787.213,995.87,166.8974.9$30,111.2 \$ 2,854.1 1.396 .5 1,468.7 1,367.8 7,087-1 11,624.8 2,0510 1,448.922,191.8 22,191.8 551.7 75.5 1.3667 14,8967 6,7790 \{2,625.4 7,054.5 313.2 7,357.7 $30,111.2 Refer to the following information fotieneral Mills to answer the requirements. The segment information footnote to General Mills' 2019 10-K reports the following sales for operating units within the company's North America retail segment. We assume the following estimates for growth in units for each segment. Required a. Forecast FY2020 sales for each of the five segments. What will FY2020 sales be for the total U.S. retail segment? b. What is the overall forecasted growth rate for the total U.S. retail segmentStep by Step Solution
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