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UL. Het sales Cost of products sold Gross margin (In millions) 2017 2016 2015 $34,476 $30,883 $26, 100 14,798 13,047 13,741 $19,678 $17,756 $12,359 Required:

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UL. Het sales Cost of products sold Gross margin (In millions) 2017 2016 2015 $34,476 $30,883 $26, 100 14,798 13,047 13,741 $19,678 $17,756 $12,359 Required: a. Calculate the gross profit ratio for each of the past three years. (Round your answers to 2 decimal places.) 2017 2016 2015 b. Assume that Campbell's net sales for the first four months of 2018 totaled $12.94 billion. Calculate an estimated cost of goods sold and gross profit for the four months, using the gross profit ratio for 2017 (Round Intermediate calculations to 2 decimal places. Enter your answers in millions rounded to nearest whole number Le.. 5,000,000 should be entered as 5).) Cost of goods sold Grosso The following information is available from Bromfield Co.'s accounting records for the year ended December 31, 2019 (amounts in millions): Cash dividends declared and paid Interest and taxes paid Collections from customers Payment of long tern debt Purchase of land and buildings Cash paid to suppliers and employees Issuance of preferred stock Proceeds from the sale of equipment $327 88 1,330 209 149 808 305 54 Required: 0. Calculate the net cash provided (used) by operating activities for Bromfield Co. for the year ended December 31, 2019 b. Calculate the net cash provided (used) by investing activities c. Calculate the net cash provided (used) by financing activities d. Calculate the net increase (decrease) in cash for the year (For all requirements, enter your answer in millions. (0, 1,000,000 should be entered as 1)) D Net Can Not cash Nutcash Net bylor operating tvibes byllor investing achines by/tor financing activities cast for the year mo muito milion C d

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