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The following informatiorn, based on the 12/31/18 Annual Report to Shareholders of Krafty Foods ($ in millions) 3,597 4,831 5,885 Accounts payable Accounts receivable (net) Accrued liabilities and taxes Cash and cash equivalents Cost of sales Current payables to parent and affiliates 19,231 Current portion of long-tern debt Deferred income taxes and other liabilities 12,911 4,091 Retained earnings as of 12/31/18 Goodwill and other intangible assets (net)41,057 Income tax expense Interest and other debt expense, net Inventories Long-term debt Long-term notes payable to parent and affiliates 3,265 3,137 4,726 9,834 6,700 Marketing, general and administration expenses 13,160 Operating revenues Other current assets Other noncurrent assets Other stockholders equity Paid-in capital for common and preferred stock 25,355 Property, plant and equipment (net) Short-term borrowings 42,375 857 5,426 (4,268) 19,889 851 Required: Based on the information presented above. prepare the 12/31/18 Balance Sheet for Krafty Foods. (Enter your answers in millons (L.e. 10,000,000 should be entered os 10). Amounts to be deducted should be Indicated by a minus sign.) KRAFTY FOODS Balance Sheet At December 31, 2018 S in millions) < Prev; -12.ct 19 EE. Next: > here to search HP Support 1-800-490-033
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Answer KRAFTY FOODS Balance Sheet at December 31st (S in Millions) ASSETS Current Assets Cash and Cash Equivalence Inventories Accounts Receivable(net) Other Current Assets 332 4,726 4,831 857 10,746 10,809 41,057 5,426 68,038 Total Current Assets Property Plant & Equipmentinet) Goodwill & Other Intangible Assets(net) Other Non-current Assets Total Assets LIABILITIES & SHAREHOLDERS EQUITY Current Liabiliti Accounts Payable Short Term Borrowings Accrued Liabilities & Taxes Current Portion of Long Term Debt Current Payables to Parent & Affiliates 3,597 851 5,805 710 3,352 14,315 9,834 12,011 6,700 42,860 25,355 4,091 (4,268) 25,178 68,038 Total Current Liabilities Long Term Debt Deferred Income Tax & Other Liabilities Long Term Notes Payable to Parent & Affiliates Total Liabilities(A) Paid in Capital for Common and Preferred Stock Retained Earnings Other Stockholders Equity Total stockholders Equity(B) Total Liabilities & Stockholders Equity(A+B)

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