Use the following consolidated balance sheet for Campbell Soup Company annual report. CAMPBELL SOUP COMPANY Consolidated...

 

  

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Use the following consolidated balance sheet for Campbell Soup Company annual report. CAMPBELL SOUP COMPANY Consolidated Balance Sheets (Millions, except per share amounts) Current assets. Cash and cash equivalents Accounts receivable, net Inventories Other current assets. Total current assets Plant assets, net of depreciation Goodwill Other intangible assets, net of amortization Other assets ($34 as of 2016 attributable to variable interest entity) Total assets Current liabilities. Short-term borrowings Payable to suppliers and others. Accrued liabilities Dividend payable July 31, 2016 $ 296 626 940 46 1,908 2,407 2,263 1,152 107 $7,837 $1,219 610 604 100 Dividend payable Accrued income taxes Total current liabilities Long-term debt Deferred taxes Other liabilities Total liabilities Commitments and Contingencies Campbell Soup Company shareholders' equity Preferred stock; authorized 40 shares; none issued Capital stock, $0.0375 par value; authorized 560 shares; issued 323 shares Additional paid-in capital Earnings retained in the business Capital stock in treasury, at cost Accumulated other comprehensive loss. Total Campbell Soup Company shareholders' equity Noncontrolling interests. Total equity Total liabilities and equity 100 22 2,555 2,314 396 1,039 6,304 12 354 1,927 (664) (104) 1,525 8 1,533 $7,837 Required: Prepare a common size balance sheet at July 31, 2016. (Round your answers to 1 decimal place.) CAMPBELL SOUP COMPANY Common Size Balance Sheet July 31, 2016 Total current assets Plant assets, net of depreciation Goodwill Total other long-term assets Total assets Total current liabilities Total long-term liabilities (including deferred taxes) Total equity Total liabilities and equity de % 0% % 0% Use the following consolidated balance sheet for Campbell Soup Company annual report. CAMPBELL SOUP COMPANY Consolidated Balance Sheets (Millions, except per share amounts) Current assets. Cash and cash equivalents Accounts receivable, net Inventories Other current assets. Total current assets Plant assets, net of depreciation Goodwill Other intangible assets, net of amortization Other assets ($34 as of 2016 attributable to variable interest entity) Total assets Current liabilities. Short-term borrowings Payable to suppliers and others. Accrued liabilities Dividend payable July 31, 2016 $ 296 626 940 46 1,908 2,407 2,263 1,152 107 $7,837 $1,219 610 604 100 Dividend payable Accrued income taxes Total current liabilities Long-term debt Deferred taxes Other liabilities Total liabilities Commitments and Contingencies Campbell Soup Company shareholders' equity Preferred stock; authorized 40 shares; none issued Capital stock, $0.0375 par value; authorized 560 shares; issued 323 shares Additional paid-in capital Earnings retained in the business Capital stock in treasury, at cost Accumulated other comprehensive loss. Total Campbell Soup Company shareholders' equity Noncontrolling interests. Total equity Total liabilities and equity 100 22 2,555 2,314 396 1,039 6,304 12 354 1,927 (664) (104) 1,525 8 1,533 $7,837 Required: Prepare a common size balance sheet at July 31, 2016. (Round your answers to 1 decimal place.) CAMPBELL SOUP COMPANY Common Size Balance Sheet July 31, 2016 Total current assets Plant assets, net of depreciation Goodwill Total other long-term assets Total assets Total current liabilities Total long-term liabilities (including deferred taxes) Total equity Total liabilities and equity de % 0% % 0%

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