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Please show all your calculations. P1-37. Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year

image text in transcribed Please show all your calculations.

P1-37. Formulating Financial Statements from Raw Data Following is selected financial information from General Mills, Inc., for its fiscal year ended May 27, 2018 ($ millions): Cash and cash equivalents ...... Net cash from operations ........ Sales.......... Stockholders' equity . . . . . . . . . .... Cost of goods sold ... Net cash from financing .............. Total liabilities Other expenses, including income taxes... Noncash assets ......... Net cash from investing . . . . . . . . . . . . . . . Net income.......................... Effect of exchange rate changes on cash ......... Cash, beginning year .... $ 399.0 2,841.0 15,740.4 6,492.4 10,312.9 5,445.5 24,131.6 3,264.5 30,225.0 (8,685.4) 2,163.0 31.8 766.1 REQUIRED a. Prepare an income statement, balance sheet, and statement of cash flows for General Mills, Inc. b. What portion of the financing is contributed by owners

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