Question

Refer to the consolidated statements of earnings on shown below of the Campbell Soup Company annual report in the appendix.


Required:
a. Calculate the gross profit ratio for each of the past three years.
b. Assume that Campbell's net sales for the first four months of 2012 totaled $2.7 billion. Calculate an estimated cost of goods sold and gross profit for the fourmonths.


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  • CreatedOctober 05, 2013
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