Question: Please recreate excel spreadsheet with all formulas in place. Formulas are below. As Reported Annual Income Statement Report Date 04/30/2021 04/30/2020 04/30/2019 04/30/2018 04/30/2017 Scale

Please recreate excel spreadsheet with all formulas in place. Formulas are below.

As Reported Annual Income Statement
Report Date 04/30/2021 04/30/2020 04/30/2019 04/30/2018 04/30/2017
Scale Thousands Thousands Thousands Thousands Thousands
Net sales $ 8,002,700 $ 7,801,000 $ 7,838,000 $ 7,357,100 $ 7,392,300
Cost of products sold 4,864,000 4,799,000 4,922,300 4,521,000 4,557,000
Gross profit $ 3,138,700 $ 3,002,000 $ 2,915,700 $ 2,836,100 $ 2,835,300
Selling, distribution & administrative expenses 1,523,100 1,474,300 1,508,600 1,370,800 1,390,700
Amortization 233,000 236,300 240,300 206,800 207,300
Goodwill impairment charge 0 0 97,900 145,000 0
Other intangible assets impairment charges 3,800 52,400 107,200 31,900 133,200
Other special project costs 20,700 16,500 64,100 45,400 76,900
Other operating expense (income) - net (28,700) (600) (31,000) 100 (4,300)
Operating income $ 1,386,800 $ 1,223,100 $ 928,600 $ 1,036,100 $ 1,031,500
Interest expense - net 177,100 189,200 207,900 174,100 163,100
Other income (expense) - net (37,800) (7,200) (19,100) (1,000) 10,000
Income tax expense (benefit) 295,600 247,200 187,200 (477,600) 286,100
Net income $ 876,300 $ 779,500 $ 514,400 $ 1,338,600 $ 592,300
Weighted average shares outstanding - basic 112,000 113,400 113,100 113,000 115,471
Weighted average shares outstanding - diluted 112,000 113,400 113,100 113,000 115,578
Year end shares outstanding 108,339 114,073 113,742 113,573 113,440
Net earnings (loss) per common share - basic $7.79 $6.84 $4.52 $11.79 $5.11
Net earnings (loss) per common share - assuming dilution $7.79 $6.84 $4.52 $11.78 $5.10
Dividends declared per common share $3.60 $3.52 $3.40 $3.12 $3.00

Please recreate excel spreadsheet with all formulas in place. Formulas are below.As Reported Annual Income Statement Report Date 04/30/2021 04/30/2020 04/30/2019 04/30/2018 04/30/2017

Metric Description Profitability Return on shareholders' equity (ROE), pgs. 4-3 to 4-4 Return on common equity (ROCE), pg. 4-5 Net income/Average Shareholders' equity = (Net income - preferred dividends) (Average Common Shareholders' equity - Average Preferred Equity) = Net Income /Average Total Assets = (Net Income + [Net Interest Expense x (1-Statutory Tax Rate)] Net Income/Sales Revenue (Sales - Cost of sales)/Sales Revenue OR Gross Profit/Sales Revenue = = Return on Assets (ROA), Pgs. 4-4 to 4-6 Adjusted ROA pgs. 4-6 Profit Margin (PM), pgs. 4-6 & 4-7 Gross profit margin, pg. 4-8 Productivity and Efficiency Assets turnover (AT), pg. 4-6. 4-7 Accounts Receivable Turnover (ART), pg. 4-7, 5-21 Days Sales Outstanding (DSO), pg. 5-21 Inventory Turnover (ITO), pgs. 4-7, 6-13 Average Days Inventory Outstanding (ADIO), Pg. 6-13 Accounts Payable Turnover (APTO), pg. 6-15 Days' Payable Outstanding (DPO), pg. 6-15 Cash Conversion Cycle, pg. 6-16 PP&E turnover (PPET), pgs. 4-7 & 6-25 Percent Used Up, pg. 6-27 Liquidity Current Ratio, pg. 4-36 Quick (Acid) Ratio, pg.4-36 = Sales/Average Total Assets Sales Revenue/Average Accounts receivable = 365 days/Accounts Receivable Turnover = Cost of Goods Sold/Average Inventory 365 days/ Inventory Turnover = Cost of Goods Sold/Average Accounts payable 365/Accounts Payable Turnover DSO + ADIO - DPO - Sales Revenue/Average PP&E = Accumulated Depreciation/Cost of Depreciable Assets = - = Current assets/Current liabilities (Cash & Equivalents + Short-term securities + Accounts receivable)/Current liabilities Operating Cash Flow/Average current liabilities Operating Cash Flow/Capital Expenditure Operating Cash Flow to Current Liabilities, pg. 11-27 Operating cash flow to capital expenditure, pg. 11-27 Metric Description Solvency Liabilities to equity ratio, pg. 4-37 Financial leverage (FL), pg. 4-4, 4-5 Times interest earned, pg. 4-38 Altman Z-Score Market/Investor Metrics = Total Liabilities/Total Shareholders' equity = Average Total Assets/Average Shareholders' Equity = Earnings before interest and taxes/Interest expense, gross Class Notes = Basic earnings per common share, pg. 8-24 Price-to-earnings Book value per share, pg. 8-4 = (Net Income - Preferred dividends)/Weighted Avg. Number of Common Shares Outstanding = Market price per common share/Earnings per share (basic) (Shareholders' equity - Preferred equity)/ Number of Common Shares Outstanding Market price per common share/Book value per common share = Common Stock Dividend per Share/Current Share Price Common Stock Dividend per Share/ Basic Earnings per Share ROEX (1-Dividend Payout Ratio) = ROE x Retention Ratio - Market-to-book, pg. 8-4 Dividend yield, pg. 8-17 Dividend Payout Ratio, pg. 8-17 Sustainable Growth Rate - - Metric Description Profitability Return on shareholders' equity (ROE), pgs. 4-3 to 4-4 Return on common equity (ROCE), pg. 4-5 Net income/Average Shareholders' equity = (Net income - preferred dividends) (Average Common Shareholders' equity - Average Preferred Equity) = Net Income /Average Total Assets = (Net Income + [Net Interest Expense x (1-Statutory Tax Rate)] Net Income/Sales Revenue (Sales - Cost of sales)/Sales Revenue OR Gross Profit/Sales Revenue = = Return on Assets (ROA), Pgs. 4-4 to 4-6 Adjusted ROA pgs. 4-6 Profit Margin (PM), pgs. 4-6 & 4-7 Gross profit margin, pg. 4-8 Productivity and Efficiency Assets turnover (AT), pg. 4-6. 4-7 Accounts Receivable Turnover (ART), pg. 4-7, 5-21 Days Sales Outstanding (DSO), pg. 5-21 Inventory Turnover (ITO), pgs. 4-7, 6-13 Average Days Inventory Outstanding (ADIO), Pg. 6-13 Accounts Payable Turnover (APTO), pg. 6-15 Days' Payable Outstanding (DPO), pg. 6-15 Cash Conversion Cycle, pg. 6-16 PP&E turnover (PPET), pgs. 4-7 & 6-25 Percent Used Up, pg. 6-27 Liquidity Current Ratio, pg. 4-36 Quick (Acid) Ratio, pg.4-36 = Sales/Average Total Assets Sales Revenue/Average Accounts receivable = 365 days/Accounts Receivable Turnover = Cost of Goods Sold/Average Inventory 365 days/ Inventory Turnover = Cost of Goods Sold/Average Accounts payable 365/Accounts Payable Turnover DSO + ADIO - DPO - Sales Revenue/Average PP&E = Accumulated Depreciation/Cost of Depreciable Assets = - = Current assets/Current liabilities (Cash & Equivalents + Short-term securities + Accounts receivable)/Current liabilities Operating Cash Flow/Average current liabilities Operating Cash Flow/Capital Expenditure Operating Cash Flow to Current Liabilities, pg. 11-27 Operating cash flow to capital expenditure, pg. 11-27 Metric Description Solvency Liabilities to equity ratio, pg. 4-37 Financial leverage (FL), pg. 4-4, 4-5 Times interest earned, pg. 4-38 Altman Z-Score Market/Investor Metrics = Total Liabilities/Total Shareholders' equity = Average Total Assets/Average Shareholders' Equity = Earnings before interest and taxes/Interest expense, gross Class Notes = Basic earnings per common share, pg. 8-24 Price-to-earnings Book value per share, pg. 8-4 = (Net Income - Preferred dividends)/Weighted Avg. Number of Common Shares Outstanding = Market price per common share/Earnings per share (basic) (Shareholders' equity - Preferred equity)/ Number of Common Shares Outstanding Market price per common share/Book value per common share = Common Stock Dividend per Share/Current Share Price Common Stock Dividend per Share/ Basic Earnings per Share ROEX (1-Dividend Payout Ratio) = ROE x Retention Ratio - Market-to-book, pg. 8-4 Dividend yield, pg. 8-17 Dividend Payout Ratio, pg. 8-17 Sustainable Growth Rate

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