| 20. Quarterly Data (unaudited) 2017 First Second Third Fourth Net sales... $ 2,202 S 2,171 S 1,853 S 1,664 Gross profit . 841 825 678 715 Net earnings attributable to Campbell Soup Company. 292 101 176 318 Per share - basic Net earmings attributable to Campbell Soup Company.. .95 .33 .58 1.05 Dividends .35 .35 .35 .35 Per share - assuming dilution Net eamings attributable to Campbell Soup Company.. .94 .33 .58 1.04 Market price High. $ 62.30 $ 63.50 $ 64.23 $ 59.14 $ 52.74 $ 52.59 $ 56.05 $ 50.62 Low.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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  1. Find the cost of products sold for the third quarter of 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)
# Quarterly Data (Unaudited) for 2017

## Net Sales
- **First Quarter:** $2,202 million
- **Second Quarter:** $2,171 million
- **Third Quarter:** $1,853 million
- **Fourth Quarter:** $1,664 million

## Gross Profit
- **First Quarter:** $841 million
- **Second Quarter:** $825 million
- **Third Quarter:** $678 million
- **Fourth Quarter:** $715 million

## Net Earnings Attributable to Campbell Soup Company
- **First Quarter:** $292 million
- **Second Quarter:** $101 million
- **Third Quarter:** $176 million
- **Fourth Quarter:** $318 million

## Per Share - Basic
- **Net Earnings Attributable to Campbell Soup Company**
  - **First Quarter:** $0.95
  - **Second Quarter:** $0.33
  - **Third Quarter:** $0.58
  - **Fourth Quarter:** $1.05
- **Dividends**
  - **Each Quarter:** $0.35

## Per Share - Assuming Dilution
- **Net Earnings Attributable to Campbell Soup Company**
  - **First Quarter:** $0.94
  - **Second Quarter:** $0.33
  - **Third Quarter:** $0.58
  - **Fourth Quarter:** $1.04

## Market Price
- **High**
  - **First Quarter:** $62.30
  - **Second Quarter:** $63.50
  - **Third Quarter:** $64.23
  - **Fourth Quarter:** $59.14
- **Low**
  - **First Quarter:** $52.74
  - **Second Quarter:** $52.59
  - **Third Quarter:** $56.05
  - **Fourth Quarter:** $50.62

This data provides insights into the quarterly financial performance of the Campbell Soup Company for the year 2017, including earnings, market prices, and dividends per share.
Transcribed Image Text:# Quarterly Data (Unaudited) for 2017 ## Net Sales - **First Quarter:** $2,202 million - **Second Quarter:** $2,171 million - **Third Quarter:** $1,853 million - **Fourth Quarter:** $1,664 million ## Gross Profit - **First Quarter:** $841 million - **Second Quarter:** $825 million - **Third Quarter:** $678 million - **Fourth Quarter:** $715 million ## Net Earnings Attributable to Campbell Soup Company - **First Quarter:** $292 million - **Second Quarter:** $101 million - **Third Quarter:** $176 million - **Fourth Quarter:** $318 million ## Per Share - Basic - **Net Earnings Attributable to Campbell Soup Company** - **First Quarter:** $0.95 - **Second Quarter:** $0.33 - **Third Quarter:** $0.58 - **Fourth Quarter:** $1.05 - **Dividends** - **Each Quarter:** $0.35 ## Per Share - Assuming Dilution - **Net Earnings Attributable to Campbell Soup Company** - **First Quarter:** $0.94 - **Second Quarter:** $0.33 - **Third Quarter:** $0.58 - **Fourth Quarter:** $1.04 ## Market Price - **High** - **First Quarter:** $62.30 - **Second Quarter:** $63.50 - **Third Quarter:** $64.23 - **Fourth Quarter:** $59.14 - **Low** - **First Quarter:** $52.74 - **Second Quarter:** $52.59 - **Third Quarter:** $56.05 - **Fourth Quarter:** $50.62 This data provides insights into the quarterly financial performance of the Campbell Soup Company for the year 2017, including earnings, market prices, and dividends per share.
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