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Sysco Corporation is one of North America's leading distributors of food and related products to restaurants, universities, hotels, and other customers. A simplified version of
Sysco Corporation is one of North America's leading distributors of food and related products to restaurants, universities, hotels, and other customers. A simplified version of its recent statement of earnings contained the following items (in millions). Cost of sales Income tax expense Interest expense Net earnings Sales Selling, general, and administration expenses Other revenues Total revenues $11,651 309 25 1,342 16,350 3,463 440 16,790 Required: Prepare a statement of earnings for the year ended June 30, 2018. (Enter your answers in millions.) Required: Prepare a statement of earnings for the year ended June 30, 2018. (Enter your answers in millions.) SYSCO CORPORATION Statement of Earnings For the Year Ended June 30, 2018 (in millions of Canadian dollars) Revenues: Total revenues Expenses Total pretax expenses Earnings before income taxes Net earnings
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