WACC Use the following information to answer the following questions. The risk-free rate is 2.00%, the market return rate is 8.50%, and Campbells's beta is 0.51. a.) What is Campbell's weighted average cost of capital using year 2021 information? b.) How much did Campbell spend on capital expenditures in year 2021? I 13 Income Statement Reclassified 12 months Jul-30-2017 USD Reclassified 12 months Jul 29 2018 USD 12 months Jul-28-2019 USD 12 months Aug-02-2020 USD 12 months Aug-01-2021 USO 5,8370 6,015 0 8,1070 3.6910 3.470 0 5,8370 6,615.0 8,1070 8,891,0 8,476,0 3,391 0 2.446.0 41540 2,461.0 5.900 2.711.0 56830 3.008.0 56620 2,8140 1,000 930 1,5190 1,1770 910 1.3830 13860 920 340 (2400) 12110) 123.0 1060 (2860) For the Fiscal Period Ending 14 15 Currency 16 17 Revenue 18 Other Revenue 19 Total Revenue 20 21 Cost Of Goods Sold 22 Gross Profit 23 24 Seling General & Admin Exp 25 RSD Exp 26 Depreciation & Amort 27 Other Operating Expense Income) 28 29 Other Operating Exp. Total 30 31 Operating income 32 33 interest Expense 34 Interest and rest Income 35 Net Interest Exp. 36 37 Currency Exchange Gains (Loss) 38 Other Non Operating Inc Exp) 39 EBT Excl. Unusual Items 40 41 Restructuring Charges 42 Merger & Related Restruct Charges 43 Impairment of Goodwill 44 Gain loss) On Sale Of Invest 45 ani Acente Income Statement Balance Sheet 9430 1,057,0 1,594,0 1,717,0 1.204,0 1,5030 1.404.0 1.117.0 1,291.0 1,610.0 (1150) (2100) (1830) 30 (180,0) (3560) 20 (354.0) (3450) 40 (341.0) 10 (115.0) (209.0) (150) 10 (20) (10) 1,373.0 1.225.0 763.0 948.0 1.400.0 (480) (1210) (890) (2020) (1070) (53.0) (90) (100) (10) (49.0) Cash flow D D E F (1150) (1830) 30 (1800) (356.0) 20 (3540) (3450) 40 (3410) (115.0) (2100) 10 (209.07 (150) 10 (20) 110) 1,3730 1.225.0 763.0 948.0 1.400.0 (480) (2020) (1070) (1210) 109.03 (530) 190) (100) (10) (490) 1640) (110) (540) (160) (720) 32 33 rrest Expense 34 Wterest and invest income 35 Net Interest Exp 36 37 Currency Exchange Gains (Loss) 38 Other Non-Operating Inc p) 39 EBT Excl Unusual Items 40 41 Restructuring Changes 42 Merger & Related Restruct Charges 43 impairment of Good 44 Cam (Loss) On Sale Of het 45 Can (Loss) On Sale Of Asses 46 Asset Writedown 47 Legal Settement 48 Other Unters 49 EBT Incl. Unusual items 50 51 Income Tax Expense 52 Earnings from Cont. Ops 53 54 Earrings of Discontinued Ops 55 Extraod tom & Account Change 56 Net Income to Company 57 58 Minonty int in Earnings 59 Net Income 60 61 62 63 64 B5 66 Income Statement Balance Sheet 1.3160 8300 6760 7660 13360 1920 9240 1050 7240 1510 4740 1740 5020 20 1,000.0 (370) (4630) (2030) 10360 1509 3870 261.0 2110 1,628,0 1,0020 8870 2610 2110 1.0280 1.0020 on w Cash flow B D E 017 USD Reclassified Jul-29-2018 USD Jul-28-2019 USD Aug-02-2020 USD Aug-01-2021 USD 3190 319.0 400 49.0 310 31.0 8500 859.0 20 69.0 5100 5440 5500 550 505.0 130 6250 400 5740 $300 450 575.0 563.0 510 555.0 9020 740 1.900.0 3870 7970 2,2960 230 4990 1,9670 8710 800 2.3850 9330 SO 1,6950 13 Balance Sheet Balance Sheet as of 14 15 Currency 16 ASSETS 17 Cash And Equivalent 18 Total Cash & ST Investments 19 20 Accounts Receivable 21 Other Receivables 22 Total Receivables 23 24 inventory 25 Other Current Assets 26 Total Current Assets 27 28 Gross Property Plant & Equipment 29 Accumulated Depreciation 30 Net Property, Plant & Equipment 31 32 Long-term investments 33 Goodwill 34 Other Ingibles 35 Deferred Tax Assets, LT 36 Other Long Term Assets 37 Total Assets 38 39 LIABILITIES 40 Accounts Payable 41 Accrued Exp 42 Short-term Borrowings 43 Curr Port of LT Debt 44 Curr Port of Leases 45 Curt Income Taxes Payable 46 Other Current Liabilities 47 Total Current Liabilities 48 Income Statement Balance Sheet 60430 0.90 2.4540 52390 27730) 2.466.0 52150 (2760.0) 2.455.0 5,5390 (2,9170) 2,6220 6.7240 13.1190) 2.6050 19 D 2,1150 1 1180 300 340 7.726,0 770 40170 3.4150 30.0 38640 3.6640 20 21450 14 529.0 3.8960 3,3500 3.9810 32390 290 12170 12.148.0 2140 11.7340 12.3720 8140 5720 7050 4000 11350 390.0 10700 5130 370 8500 6060 4940 1,005.0 220 10 200 1560 2,395.0 1 0490 6030 2790 SQ10 700 240 1300 3.0750 5000 210 15.0 6130 3.385.0 10.0 3600 3,5940 650 50 1240 1,8140 Cash Flow . B D 7.9010 71010 20 2.4920 70 SORO 1900 1090 6,081,0 3470 3600 2040 13,1560 3890 9240 2350 12.036.0 4910 1880 1620 9140 1740 91030 50020 1880 2010 1,0610 1840 8.580.0 120 120 3590 2,3050 (1.000) (620) 1.637.0 120 3190 2,2240 (1.1030) (1180) 1,364,0 3720 1.9930 (1075) (1990) 1.1030 120 1940 1.1900 11.0230) (100) 2,3430 120 4140 37620 11,0210 60 3,1520 48 49 Long-Term Debt 50 Long Term Leases 51 Pension & Other Post-Retore Benefits 52 Det tar Liability, Non Curr 53 Other Non Current Liabilities 54 Total Liabilities 55 56 Common Stock 57 Additional Paid in Capital 58 Retained Earnings 59 Treasury Stock 60 Comprehensive in and other 61 Total Common Equity 62 63 Minority Interest 64 65 Total Equity 66 67 Total Liabilities And Equity 68 69 Supplemental Items 70 Total Shares Out on Balance Sheet Date 71 72 Market Price of Stock 73 74 75 76 77 78 79 00 90 50 20 1,6450 1.373.0 11120 2,640.0 7.720.0 14,829.2 13.140.0 12.372.0 11.7240 3010 2010 3010 3020 00 50020 $10 54500 94261 5417 0 81 82 83 RA Income Statement Balance Sheet Cash Flow 13 Cash Flow D E For the Fiscal Period Ending Restated 12 months Jul-30-2017 USD Restated 12 months Jul-29-2018 USD 15 Currency Restated 12 months Jul-28-2019 USD Restated 12 months Aug-02-2020 USD 12 months Aug-01-2021 USO 3870 1920 10 1930 261.0 2580 200 2790 211.0 3150 480 363.0 1,628.0 2950 430 3280 1,0020 2750 420 3170 110 (9750) 190 90 610 210 540 16 17 Net Income 18 Depreciation & Amort 19 Amort of Goodwill and intangibles 20 Depreciation & Amort, Total 21 22 (Can) toss From Sale Of Assets 23 (Can) Loss On Sale Of invest 24 Asset Writedown & Restructuring Costs 25 Stock Based Compensation 26 Net Cash From Discontinued Ops 27 Other Operating Activities 28 Change in Acc Receivable 29 Change in Inventories 30 Change in Acc. Payable 31 Change in Other Net Operating Assets 32 Cash from Ops 33 34 Capital Expenditure 35 Cash Aquestions 36 Divestres 37vest in Marketable & Equity Securt 38 Metin Dec. in Loans Orginated Sold 39 Other investing Activities 40 Cash from Investing 41 42 Short Term Debt issued 43 Long Term Debt issued 44 Total Debt Issued 45 Short Term Debt Repad 46 Long Term Debt Repaid 47 Total Debt Renaid Income Statement Balance Sheet 100 000 2950 (2050) 280 480 (480) (270) 1,2360 100 1500 610 9140 CO) 580 (40) 780 270 1.410.0 320 TO 470 580 3120 770 (110) 380 1250 (10) 1 2500 2040 (300) (200) 1450 30) 1.3980 (310 2009 (UTO) (1640) 280 1035.0 (3380) (407) 07810) 100 1940) (170) 310 2000) (110) 2.5480 300 02750 (20) 1110 (300) (368.0) 190 07.1970) 5630 1530 40 2.2720 80 158.0) 5.8390 3200 8.2470 2110 8.4580 (80020) 149002 IR 49201 10 2220 8 2240 16.446.0 9.6440) 630 10.07 5.809.0 (6.2960) 2020) IR SUR 55170 10000 6,8170 16.9090) 22880) IR 1771 3100 (5000) 8210 HEM Cash Flow B D E 5,8390 3200 8,2470 2110 8,458.0 (8.002.0) (490) (8.4920) 102220 82240 16,446,0 (9.9440) 620 (10,0070) 5,839,0 (0,2000) (7020) (6,99110) 5,6170 10000 6.6170 16,9090) 2010) (9,17701 3200 (5000) 192102 11.501,0) 20 (450) (1000) 100) 220 (120) 20 (510) (4200) (420,0) 2002 (4260) (4220) (423.0) (4260) (426.0) 4190) (4390) 30 (903.0) COTO 5.8070 (10) (1,891,0) (120) (2.9870) (1.669.0) 41 42 Short Term Debt issued 43 Long-Term Debt issued 44 Total Debt Issued 45 Short Term Debt Repaid 46 Long Term Debt Repand 47 Total Debt Repaid 48 49 Issuance of Common Stock 50 Repurchase of Common Stock 51 52 Connon Dividends Pad 53 Total Dividends Pald 54 55 Special Dividend Pad 56 Other Financing Activities 57 Cash from Financing 58 59 Foreign Exchange Rate Ad 60 Net Change in Cash 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 Income Statement 110 (290) 18.0 120 (TO) (195.01 1.0 500.0 20 790.0) Balance Sheet Cash Flow WACC Use the following information to answer the following questions. The risk-free rate is 2.00%, the market return rate is 8.50%, and Campbells's beta is 0.51. a.) What is Campbell's weighted average cost of capital using year 2021 information? b.) How much did Campbell spend on capital expenditures in year 2021? I 13 Income Statement Reclassified 12 months Jul-30-2017 USD Reclassified 12 months Jul 29 2018 USD 12 months Jul-28-2019 USD 12 months Aug-02-2020 USD 12 months Aug-01-2021 USO 5,8370 6,015 0 8,1070 3.6910 3.470 0 5,8370 6,615.0 8,1070 8,891,0 8,476,0 3,391 0 2.446.0 41540 2,461.0 5.900 2.711.0 56830 3.008.0 56620 2,8140 1,000 930 1,5190 1,1770 910 1.3830 13860 920 340 (2400) 12110) 123.0 1060 (2860) For the Fiscal Period Ending 14 15 Currency 16 17 Revenue 18 Other Revenue 19 Total Revenue 20 21 Cost Of Goods Sold 22 Gross Profit 23 24 Seling General & Admin Exp 25 RSD Exp 26 Depreciation & Amort 27 Other Operating Expense Income) 28 29 Other Operating Exp. Total 30 31 Operating income 32 33 interest Expense 34 Interest and rest Income 35 Net Interest Exp. 36 37 Currency Exchange Gains (Loss) 38 Other Non Operating Inc Exp) 39 EBT Excl. Unusual Items 40 41 Restructuring Charges 42 Merger & Related Restruct Charges 43 Impairment of Goodwill 44 Gain loss) On Sale Of Invest 45 ani Acente Income Statement Balance Sheet 9430 1,057,0 1,594,0 1,717,0 1.204,0 1,5030 1.404.0 1.117.0 1,291.0 1,610.0 (1150) (2100) (1830) 30 (180,0) (3560) 20 (354.0) (3450) 40 (341.0) 10 (115.0) (209.0) (150) 10 (20) (10) 1,373.0 1.225.0 763.0 948.0 1.400.0 (480) (1210) (890) (2020) (1070) (53.0) (90) (100) (10) (49.0) Cash flow D D E F (1150) (1830) 30 (1800) (356.0) 20 (3540) (3450) 40 (3410) (115.0) (2100) 10 (209.07 (150) 10 (20) 110) 1,3730 1.225.0 763.0 948.0 1.400.0 (480) (2020) (1070) (1210) 109.03 (530) 190) (100) (10) (490) 1640) (110) (540) (160) (720) 32 33 rrest Expense 34 Wterest and invest income 35 Net Interest Exp 36 37 Currency Exchange Gains (Loss) 38 Other Non-Operating Inc p) 39 EBT Excl Unusual Items 40 41 Restructuring Changes 42 Merger & Related Restruct Charges 43 impairment of Good 44 Cam (Loss) On Sale Of het 45 Can (Loss) On Sale Of Asses 46 Asset Writedown 47 Legal Settement 48 Other Unters 49 EBT Incl. Unusual items 50 51 Income Tax Expense 52 Earnings from Cont. Ops 53 54 Earrings of Discontinued Ops 55 Extraod tom & Account Change 56 Net Income to Company 57 58 Minonty int in Earnings 59 Net Income 60 61 62 63 64 B5 66 Income Statement Balance Sheet 1.3160 8300 6760 7660 13360 1920 9240 1050 7240 1510 4740 1740 5020 20 1,000.0 (370) (4630) (2030) 10360 1509 3870 261.0 2110 1,628,0 1,0020 8870 2610 2110 1.0280 1.0020 on w Cash flow B D E 017 USD Reclassified Jul-29-2018 USD Jul-28-2019 USD Aug-02-2020 USD Aug-01-2021 USD 3190 319.0 400 49.0 310 31.0 8500 859.0 20 69.0 5100 5440 5500 550 505.0 130 6250 400 5740 $300 450 575.0 563.0 510 555.0 9020 740 1.900.0 3870 7970 2,2960 230 4990 1,9670 8710 800 2.3850 9330 SO 1,6950 13 Balance Sheet Balance Sheet as of 14 15 Currency 16 ASSETS 17 Cash And Equivalent 18 Total Cash & ST Investments 19 20 Accounts Receivable 21 Other Receivables 22 Total Receivables 23 24 inventory 25 Other Current Assets 26 Total Current Assets 27 28 Gross Property Plant & Equipment 29 Accumulated Depreciation 30 Net Property, Plant & Equipment 31 32 Long-term investments 33 Goodwill 34 Other Ingibles 35 Deferred Tax Assets, LT 36 Other Long Term Assets 37 Total Assets 38 39 LIABILITIES 40 Accounts Payable 41 Accrued Exp 42 Short-term Borrowings 43 Curr Port of LT Debt 44 Curr Port of Leases 45 Curt Income Taxes Payable 46 Other Current Liabilities 47 Total Current Liabilities 48 Income Statement Balance Sheet 60430 0.90 2.4540 52390 27730) 2.466.0 52150 (2760.0) 2.455.0 5,5390 (2,9170) 2,6220 6.7240 13.1190) 2.6050 19 D 2,1150 1 1180 300 340 7.726,0 770 40170 3.4150 30.0 38640 3.6640 20 21450 14 529.0 3.8960 3,3500 3.9810 32390 290 12170 12.148.0 2140 11.7340 12.3720 8140 5720 7050 4000 11350 390.0 10700 5130 370 8500 6060 4940 1,005.0 220 10 200 1560 2,395.0 1 0490 6030 2790 SQ10 700 240 1300 3.0750 5000 210 15.0 6130 3.385.0 10.0 3600 3,5940 650 50 1240 1,8140 Cash Flow . B D 7.9010 71010 20 2.4920 70 SORO 1900 1090 6,081,0 3470 3600 2040 13,1560 3890 9240 2350 12.036.0 4910 1880 1620 9140 1740 91030 50020 1880 2010 1,0610 1840 8.580.0 120 120 3590 2,3050 (1.000) (620) 1.637.0 120 3190 2,2240 (1.1030) (1180) 1,364,0 3720 1.9930 (1075) (1990) 1.1030 120 1940 1.1900 11.0230) (100) 2,3430 120 4140 37620 11,0210 60 3,1520 48 49 Long-Term Debt 50 Long Term Leases 51 Pension & Other Post-Retore Benefits 52 Det tar Liability, Non Curr 53 Other Non Current Liabilities 54 Total Liabilities 55 56 Common Stock 57 Additional Paid in Capital 58 Retained Earnings 59 Treasury Stock 60 Comprehensive in and other 61 Total Common Equity 62 63 Minority Interest 64 65 Total Equity 66 67 Total Liabilities And Equity 68 69 Supplemental Items 70 Total Shares Out on Balance Sheet Date 71 72 Market Price of Stock 73 74 75 76 77 78 79 00 90 50 20 1,6450 1.373.0 11120 2,640.0 7.720.0 14,829.2 13.140.0 12.372.0 11.7240 3010 2010 3010 3020 00 50020 $10 54500 94261 5417 0 81 82 83 RA Income Statement Balance Sheet Cash Flow 13 Cash Flow D E For the Fiscal Period Ending Restated 12 months Jul-30-2017 USD Restated 12 months Jul-29-2018 USD 15 Currency Restated 12 months Jul-28-2019 USD Restated 12 months Aug-02-2020 USD 12 months Aug-01-2021 USO 3870 1920 10 1930 261.0 2580 200 2790 211.0 3150 480 363.0 1,628.0 2950 430 3280 1,0020 2750 420 3170 110 (9750) 190 90 610 210 540 16 17 Net Income 18 Depreciation & Amort 19 Amort of Goodwill and intangibles 20 Depreciation & Amort, Total 21 22 (Can) toss From Sale Of Assets 23 (Can) Loss On Sale Of invest 24 Asset Writedown & Restructuring Costs 25 Stock Based Compensation 26 Net Cash From Discontinued Ops 27 Other Operating Activities 28 Change in Acc Receivable 29 Change in Inventories 30 Change in Acc. Payable 31 Change in Other Net Operating Assets 32 Cash from Ops 33 34 Capital Expenditure 35 Cash Aquestions 36 Divestres 37vest in Marketable & Equity Securt 38 Metin Dec. in Loans Orginated Sold 39 Other investing Activities 40 Cash from Investing 41 42 Short Term Debt issued 43 Long Term Debt issued 44 Total Debt Issued 45 Short Term Debt Repad 46 Long Term Debt Repaid 47 Total Debt Renaid Income Statement Balance Sheet 100 000 2950 (2050) 280 480 (480) (270) 1,2360 100 1500 610 9140 CO) 580 (40) 780 270 1.410.0 320 TO 470 580 3120 770 (110) 380 1250 (10) 1 2500 2040 (300) (200) 1450 30) 1.3980 (310 2009 (UTO) (1640) 280 1035.0 (3380) (407) 07810) 100 1940) (170) 310 2000) (110) 2.5480 300 02750 (20) 1110 (300) (368.0) 190 07.1970) 5630 1530 40 2.2720 80 158.0) 5.8390 3200 8.2470 2110 8.4580 (80020) 149002 IR 49201 10 2220 8 2240 16.446.0 9.6440) 630 10.07 5.809.0 (6.2960) 2020) IR SUR 55170 10000 6,8170 16.9090) 22880) IR 1771 3100 (5000) 8210 HEM Cash Flow B D E 5,8390 3200 8,2470 2110 8,458.0 (8.002.0) (490) (8.4920) 102220 82240 16,446,0 (9.9440) 620 (10,0070) 5,839,0 (0,2000) (7020) (6,99110) 5,6170 10000 6.6170 16,9090) 2010) (9,17701 3200 (5000) 192102 11.501,0) 20 (450) (1000) 100) 220 (120) 20 (510) (4200) (420,0) 2002 (4260) (4220) (423.0) (4260) (426.0) 4190) (4390) 30 (903.0) COTO 5.8070 (10) (1,891,0) (120) (2.9870) (1.669.0) 41 42 Short Term Debt issued 43 Long-Term Debt issued 44 Total Debt Issued 45 Short Term Debt Repaid 46 Long Term Debt Repand 47 Total Debt Repaid 48 49 Issuance of Common Stock 50 Repurchase of Common Stock 51 52 Connon Dividends Pad 53 Total Dividends Pald 54 55 Special Dividend Pad 56 Other Financing Activities 57 Cash from Financing 58 59 Foreign Exchange Rate Ad 60 Net Change in Cash 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 Income Statement 110 (290) 18.0 120 (TO) (195.01 1.0 500.0 20 790.0) Balance Sheet Cash Flow