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Question 5 Not yet answered Marked out of 23.00 P Flag question Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial

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Question 5 Not yet answered Marked out of 23.00 P Flag question Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from JM Smucker Co. for the year ended April 30, 2018 (5 millions). Current assets, end of year $1,632.8 Long-term liabilities, end of year $6,695.1 Cash, end of year 202.2 Stockholders' equity, end of year 8,285.7 Cash from investing activities (291.5) Cash from operating activities 1.278.9 Cost of products sold 4.747.1 Total assets, beginning of year 16,421.7 Total liabilities, end of year 7.780.6 Revenue 7.725.0 Cash from financing activities* (960.3) Total expenses, other than cost of 1.572.4 Stockholders' equity, beginning of year 7.192.7 product sold Dividends paid 367.8 * Cash from financing activities includes the effects of foreign exchange rate fluctuations. a. Prepare the income statement for the year ended April 30, 2018. Note: Do not use negative signs with any of your answers. UM Smucker.co o a

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