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support Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from General Mills Inc. for its fiscal year ended May

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support Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from General Mills Inc. for its fiscal year ended May 27, 2018 ($ millions). Cost of goods sold (COGS) $11,344.2 Cash from operating activities $3,125.1 Cash from investing activities (9.553.9) Noncash assets, end of year 33,247.5 Cash, end of year 438.9 Cash from financing activities* 6,025.0 Income tax expense 63.0 Total assets, beginning of year 23,993.9 Revenue 17,314.4 Total liabilities, end of year** 26,544.8 Total expenses, other than COGS 3,527.9 Stockholders' equity, end of year | 7,141.6 and income tax * Cash from financing activities includes the effects of foreign exchange rate fluctuations. ** Total liabilities includes redeemable interest. a. Prepare the income statement for the year ended May 27, 2018. Note: Do not use negative signs with any of your answers. General Mills Income Statement ($ millions) For the year ended May 27, 2018 Revenues $ 17314.4 Cost of goods sold 11344.2 Gross profit 5970.2 $

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