Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required: Prepare a common size balance sheet at July 28, 2013. (Round your an CAMPBELL SOUP COMPANY Common Size Balance Sheet July 28, 2013 Total
Required: Prepare a common size balance sheet at July 28, 2013. (Round your an CAMPBELL SOUP COMPANY Common Size Balance Sheet July 28, 2013 Total current assets 96 Plant assets, net of depreciation Total other long-term assets Total assets 01% Total long-term liabilities (including deferred taxes) Total liabilities and equity 01% Use the following consolidated balance sheet for Campbell Soup Company annual report. CAMPBELL SOUP COMPANY Consolidated Balance Sheets (Millions, except per share amounts) July 28, 2013 Current assets Cash and cash equivalents S 333 635 Accounts receivable, net Other current assets 135 193 Current assets of discontinued operations held for sale Total current assets Plant assets, net of depreciation Goodwil Other intangible assets, net of amortization Other assets Non-current assets of discontinued operations held for sale Total assets 2,260 2,297 1,021 131 $8,323 Current liabilities Short-term borrowings $1,909 Payable to suppliers and others Accrued liabilities 617 100 19 Dividend payable Accrued income taxes Current liabilities of discontinued operations held for sale Total current liabilities Long-term debt Deferred taxes Other liabilities Non-current liabilities of discontinued operations held for sale Total liabilities 3,282 2,544 489 776 7.113 Campbell Soup Company shareholders' equity Preferred stock; authorized 40 shares, none issued Capital stock, 5.0375 par value; authorized 560 shares, issued 323 shares Additional paid-in capital Earnings retained in the business Capital stock in treasury, at cost Accumulated other comprehensive loss 12 1,772 565 (364) Total Campbell Soup Company shareholders' equity Total equity Total liabilities and equity 1,217 ,210 $8,323
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started