Campbell Soup Company is the world’s leading maker and marketer of soup and sell

Question

Campbell Soup Company is the world’s leading maker and marketer of soup and sells other well-known brands of food in 120 countries. Presented here are the items listed on its recent balance sheet (dollars in millions) presented in alphabetical order:

Prepare a classified consolidated balance sheet for Campbell Soup for the current year (ended July 31).(Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

Campbell Soup Company is the world’s leading maker and marketer of soup and sells other well-known brands of food in 120 countries. Presented here are the items listed on its recent balance sheet (dollars in millions) presented in alphabetical order:

Explanation / Answer

(Amt. in Millions) Campbell Soup Consolidated Balance Sheet July 31 Assets Current Assets Cash & Cash Equivalents                63 Accounts Receivables             532 Inventories             849 Other Current Assets             150 Total Current Assets          1,594 Intangible Assets          2,483 Tangible Assets Other Assets             113 Property Plant & Equipments          2,052 Total Tangible Assets          2,165 Total Assets          6,242 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable             575 Accrued Expenses             561 Other Current debt             490 Total Current Liabilities          1,626 Other Non Current Liabilities          3,845 Total Liabilities Stockholders' Equity Common Stock $0.0375 par Value             360 Retained Earnings             411 Total Stockholders' Equity             771 Total Liabilities & Stockholders' Equity          6,242

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