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This problem is based on the 2017 annual report of Campbell Soup Company. Answer the following questions. Refer to the Selected Financial Data for parts

This problem is based on the 2017 annual report of Campbell Soup Company. Answer the following questions. Refer to the Selected Financial Data for parts (a) to (d). Required:

  1. Find the net sales in 2014. (Enter your answer in millions.)
  2. Calculate the operating income (earnings before interest and taxes) in 2013. (Enter your answer in millions.)
  3. Calculate the difference between operating income (earnings before interest and taxes) and net income (net earnings) in 2015. (Enter your answer in millions.)
  4. Find the year(s) in which net income (net earnings) decreased compared to the previous year.
  5. Find the amount of interest paid for 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)
  6. Find the number of stock options exercisable at July 30, 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in thousands.)
  7. Find the net sales to customers outside the United States for 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)
  8. Find the cost of products sold for the third quarter of 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)

Heres what I have so far:

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& Answer is not complete. a. Net sales $ million 8,268 1,474 b. Operating income $ million C. Difference $ 388 million d. 2015 and 2016 . e. Year(s) Amount of interest paid Number of stock options exercisable $ 110 million f. thousand g. Net sales million h. Cost of products million 20. Quarterly Data (unaudited) 2017 First Second Third Fourth $ 2,202 $ 2,171 $ 1,853 $ 1,664 841 825 678 715 292 101 176 318 .58 Net sales. Gross profit Net earnings attributable to Campbell Soup Company. Per share - basic Net earnings attributable to Campbell Soup Company. Dividends Per share - assuming dilution Net earnings attributable to Campbell Soup Company. Market price High Low .95 .35 .33 .35 1.05 .35 .35 .94 .33 .58 1.04 S 62.30 $ 63.50 $ 64.23 $59.14 52.74 $ 52.59 $ 56.05 $ 50.62 Geographic Area Information Information about operations in different geographic areas is as follows: 2017 2016 2015 6,400 Net sales United States Australia Other countries Total. 646 6,357 $ 610 923 7,890 $ 6,437 $ 590 934 7,961 $ 1,036 8,082 $ 2017 2016 2015 $ 1,942 Long-lived assets United States. Australia Other countries Total.. 1.967 $ 242 232 1,987 $ 265 202 2,454 $ 198 2,407 $ 173 2,347 $ The following table summarizes stock option activity as of July 30, 2017: Weighted- Weighted- Average Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Life Value (Options in (In years) thousands) Outstanding at July 31, 2016.. 681 $ 50.21 Granted 489 $ 54.65 Exercised (33) $ 50.21 Terminated (95) $ 52.49 Outstanding at July 30, 2017. 1,042 $ 52.08 8.6 $ Exercisable at July 30, 2017 194 $ 50.21 8.2 $ The total intrinsic value of options exercised during 2017 was not material. During 2016 and 2015, the total intrinsic value of options exercised was $2 and $5, respectively. We measure the fair value of stock options using the Black-Scholes option pricing model. The expected term of options granted was based on the weighted average time of vesting and the end of the contractual term. We utilized this simplified method as we do not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. Statements of Cash Flows 2017 2016 2015 Cash Flows from Operating Activities Other Benefit related payments. Other $ (53) $ (53) (55) $ (3) (58) $ $ (53) $ (52) $ 111 Other Cash Flow Information Interest paid Interest received Income taxes paid $ 110 $ 5 $ 320 $ 113 $ 4 $ 325 $ 3 $ 333

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