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The following is selected raw data financial information from GMI Corp. for its fiscal year ended May 29, 2011 ($ millions): Revenue $14,880.2 Cash from
- The following is selected raw data financial information from GMI Corp. for its fiscal year ended May 29, 2011 ($ millions):
Revenue $14,880.2
Cash from operating activities 1,526.8
Cash, beginning of year 673.2
Noncash assets 18,054.9
Cash from financing activities (865.3)
Cost of goods sold 8,926.7
Total expenses (other than COGS) 4,155.2
Total liabilities 12,062.3
Cash from investing activities (715.1)
- How much cash does the company have at the end of the year ?
- What is the total stockholders equity for the company ?
- Prepare a balance sheet, income statement, and statement of cash flows for the FY May 2011. (Use the year-end balance instead of the average for assets and equity.)
- Compute the following ratios:
- Gross profit margin
- Net profit margin
- Return on assets
- Return on equity
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