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pls help 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
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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 Accounts receivable Accrued expenses Cash and cash equivalents Common stock, $0.0375 par value Intangible assets Inventories 653 595 619 317 392 3,063 964 Other assets Other current assets Other current debt Other noncurrent liabilities Property, plant, and equipment, net Retained earnings 136 76 1,075 3,858 2,397 951 Required: Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Required: Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31). (Enter your answers in millions (.e., 10,000,000 should be entered as 10).) CARLTON SOUP COMPANY Consolidated Balance Sheet At July 31, Current Year (in millions) Assets Current Assets Cash and cash equivalents Accounts receivable Inventories Other current assets 76 Total current assets 76 76 Total assets $ Liabilities and Stockholders' Equity Cuent liabiti + Liabilities and Stockholders' Equity Current liabilities: Total current liabilities 0 Total liabilities 0 Stockholders' Equity 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0 Step by Step Solution
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