Question: Formulating Financial Statements from Raw Data Following is selected financial information from Cisco Systems, Inc., for its fiscal year ended July 30, 2008 ($ millions).

 Formulating Financial Statements from Raw Data Following is selected financial information

Formulating Financial Statements from Raw Data Following is selected financial information from Cisco Systems, Inc., for its fiscal year ended July 30, 2008 ($ millions). $ 5.191 Cash, ending year 12,089 Cash from operating activities 39,540 Sales 34,402 Stockholders' equity. 14.056 Cost of goods sold Cash from financing activities (6,433) 24,332 Total liabilities 17,432 Total expense (other than cost of goods sold) 53,543 Noncash assets (4,193) Cash from investing activities 8,052 Net income 3,728 Cash, beginning year (a) Prepare the income statement, the balance sheet, and the statement of cash flows for Cisco Systems for the fiscal year ended July 30, 2008. Hint: Enter negative numbers only in answers for the statement of cash flows (if applicable). Cisco Systems, Inc Income Statement (S millions) For Year Ended July 30, 2008 5,191 Revenue 17,432 Expenses Gross profit Cost of goods sold Net income Cisco Systems, Inc Balance Sheet (s millions) July 30, 2008 Liabilities Assets O Total liabilities Cash O Total liabilities and equity S Total assets

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