Prepare an income statement and balance sheet

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Reference no: EM131224579

Formulating Financial Statements from Raw Data

Following is selected financial information from General Mills, Inc., for its fiscal year ended May 29, 2011 ($ millions):

Cash and Cash Equivalents	$619.6
Net Cash from Operations	1,526.8
Sales	14,880.2
Stockholders' Equity	6,612.2
Cost of Goods Sold	8,926.7
Net Cash from Financing	(865.3)
Total Liabilities	12,062.3
Other Expenses	4,150.0
Noncash Assets	18,054.9
Net Cash from Investing	(715.1)
Net Income	1,803.5
Cash, beginning year	673.2

Required
a. Prepare an income statement, balance sheet, and statement of cash flows for General Mills, Inc.

Reference no: EM131224579

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