Question: Formulating Financial Statements from Raw Data and Calculating Ratios c . Prepare the statement of cash flows for the year. Note: Use negative signs with
Formulating Financial Statements from Raw Data and Calculating Ratios c Prepare the statement of cash flows for the year. Note: Use negative signs with answers to indicate a decrease in cash.
d Compute the following ratios. Note: Round any intermediate calculations to one decimal place.
Following is selected financial information from General Mills Inc. for a recent fiscal year $ millions
Required
a Prepare the income statement for the year.
b Prepare the balance sheet at the end of the year.
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