Following is selected financial information from General Mills, Inc., for its fiscal year ended May 31, 2020 ($ millions). Cash and cash equivalents, end of year. Net cash from operations. Net sales. Stockholders' equity, end of year Cost of goods sold. Net cash from financing. Total liabilities, end of year. Other expenses, including income taxes.. Noncash assets, end of year Net cash from investing Net income.. Effect of exchange rate changes on cash Cash and cash equivalents, beginning of year. ....: ..... a. ..... ..... ..... ....... ......... pg. 1-35 $ 1,677.8 3,676.2 17,626.6 8,894.1 11,496.7 (1,941.5) 21,912.6 3,919.1 29,128.9 (486.2) 2,210.8 (20.7) 450.0 REQUIRED Prepare an income statement, balance sheet, and statement of cash flows for General Mills, Inc.

Following is selected financial information from General Mills, Inc., for its fiscal year ended May 31, 2020 ($ millions). Cash and cash equivalents, end of year. Net cash from operations. Net sales. Stockholders' equity, end of year Cost of goods sold. Net cash from financing. Total liabilities, end of year. Other expenses, including income taxes.. Noncash assets, end of year Net cash from investing Net income.. Effect of exchange rate changes on cash Cash and cash equivalents, beginning of year. ....: ..... a. ..... ..... ..... ....... ......... pg. 1-35 $ 1,677.8 3,676.2 17,626.6 8,894.1 11,496.7 (1,941.5) 21,912.6 3,919.1 29,128.9 (486.2) 2,210.8 (20.7) 450.0 REQUIRED Prepare an income statement, balance sheet, and statement of cash flows for General Mills, Inc.

Name: Following is selected financial information from General Mills, Inc.,
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Description: Following is selected financial information from General Mills, Inc., for its fiscal year ended May 31,2020 ($ millions).Cash and cash equivalents, end of year.Net cash from operations..Net sales.Stockholders' equity, end of yearCost of goods sold.N

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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