Question: Refer to the financial statements of Campbell Soup Company in

Refer to the financial statements of Campbell Soup Company in Appendix A.

Required:
Explain how Campbell Soup Company can have net income of $401.5 million, but generate $805.2 million in cash from operations in Year 11. Explain this in language understood by a general businessperson. Illustrate your explanation by reference to the major reconciling items.


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  • CreatedJanuary 22, 2015
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