Question
The current asset portion of Darden Restaurants, Inc.'s balance sheet is as follows (in $ millions). Fiscal Year Ended May 27, 2018 May 28, 2017
The current asset portion ofDarden Restaurants, Inc.'sbalance sheet is as follows (in $ millions).
Fiscal Year Ended
May 27, 2018
May 28, 2017
Current assets:Cash and cash equivalents$146.9$233.1Receivables, net
83.775.9Inventories205.3178.9Prepaid income taxes
15.96.2Prepaid expenses and other current assets89.980.6Assets held for sale
11.913.2Total current assets$553.6$587.9
Prepare a horizontal analysis of Darden Restaurants' current assets.(If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round answers to 1 decimal place, e.g. 12.5.)
Fiscal Year Ended
5/27/2018
5/28/2017
$ Change
% Change
Current assets:Cash and cash equivalents$
enter a dollar amount
$
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$
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enter percentages
%Receivables, net
enter a dollar amount
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enter a dollar amount
enter percentages
%Inventoriesenter a dollar amount
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enter a dollar amount
enter percentages
%Prepaid income taxesenter a dollar amount
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enter a dollar amount
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%Prepaid expenses/other current assetsenter a dollar amount
enter a dollar amount
enter a dollar amount
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%Assets held for saleenter a dollar amount
enter a dollar amount
enter a dollar amount
enter percentages
%Total current assets$
enter a total amount
$
enter a total amount
$
enter a total amount
enter percentages
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