Following is selected financial information from General Mills Inc. for its fiscal year ended May 27,...

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Following is selected financial information from General Mills Inc. for its fiscal year ended May 27, 2018 ($ millions). Cost of goods sold (COGS) $10,312.9 Cash from operating activities $2,841.0 Cash from investing activities Cash, end of year Income tax expense Revenue (8,685.4) Noncash assets, end of year 399.0 Cash from financing activities* 57.3 Total assets, beginning of year 30,225.0 5,477.3 21,812.6 15,740.4 Total liabilities, end of year** 24,131.6 Total expenses, other than COGS and income tax 3,207.2 Stockholders' equity, end of year 6,492.4 * Cash from financing activities includes the effects of foreign exchange rate fluctuations. ** Total liabilities includes redeemable interest. a. Prepare the income statement for the year ended May 27, 2018. Note: Do not use negative signs with any of your answers. General Mills Income Statement ($ millions) For the year ended May 27, 2018 Revenues Cost of goods sold Gross profit $ 0 0 0 0 0 0 Net income $ 2105.7 Cash Given Answer Options nt t for the year ended with any of your ans Cash from financing activities Cash from investing activities lions) Cash from operating activities 7, 2018 Cash beginning year $ 0 Cash ending year 0 Cost of goods sold 0 Expenses Gross profit Text Income before taxes Income tax expense 0 0 0 Liabilities $ 2105.7 Net income Net increase (decrease) in cash Noncash assets Revenues Stockholders' equity Total assets Total liabilities and equity of May 27 2018 AUG 1 26 Following is selected financial information from General Mills Inc. for its fiscal year ended May 27, 2018 ($ millions). Cost of goods sold (COGS) $10,312.9 Cash from operating activities $2,841.0 Cash from investing activities Cash, end of year Income tax expense Revenue (8,685.4) Noncash assets, end of year 399.0 Cash from financing activities* 57.3 Total assets, beginning of year 30,225.0 5,477.3 21,812.6 15,740.4 Total liabilities, end of year** 24,131.6 Total expenses, other than COGS and income tax 3,207.2 Stockholders' equity, end of year 6,492.4 * Cash from financing activities includes the effects of foreign exchange rate fluctuations. ** Total liabilities includes redeemable interest. a. Prepare the income statement for the year ended May 27, 2018. Note: Do not use negative signs with any of your answers. General Mills Income Statement ($ millions) For the year ended May 27, 2018 Revenues Cost of goods sold Gross profit $ 0 0 0 0 0 0 Net income $ 2105.7 Cash Given Answer Options nt t for the year ended with any of your ans Cash from financing activities Cash from investing activities lions) Cash from operating activities 7, 2018 Cash beginning year $ 0 Cash ending year 0 Cost of goods sold 0 Expenses Gross profit Text Income before taxes Income tax expense 0 0 0 Liabilities $ 2105.7 Net income Net increase (decrease) in cash Noncash assets Revenues Stockholders' equity Total assets Total liabilities and equity of May 27 2018 AUG 1 26