The following numbers appeared in the annual report of General Mills, Inc., the consumer foods manufacturer, for

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The following numbers appeared in the annual report of General Mills, Inc., the consumer foods manufacturer, for the fiscal year ending May 2008 (in millions of dollars):

The firm has no preferred stock.
For fiscal 2008, calculate
a. Total liabilities at yearend.
b. Comprehensive income forthyear.

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Question Posted: Mar 17, 2012 06:11 AM

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The following numbers appeared in the annual report of General Mills, Inc., the consumer foods manufacturer, for

Question:

Fiscal 2008 Fiscal 2007 Total assets Total stockholders' equity Totat revenues Common share issues Common dividends Common stock repurchases 19,042 6,216 13,652 1,133 530 1,385 18,184 5,319 12,442 504 505 1,385

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This exercise tests some basic accounting relations a Total liabilitie...View the full answer

Financial statements

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