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This problem is based on the 2017 annual report of Campbell Soup Company. Required: Find in the Selected Financial Data or ca

Help Save & Ex g. Net sales of the Global Biscuits and Snacks segment for 2017 in the Notes to the Consolidated Financial Sta

2017 2016 2015 2014 2013 $7,890 1,400 1,293 887 $7,961 960 849 $8,082 $8,268 $8,052 1,054 1,267 1,474 949 1,148 1,349 774 934

In Apnl 2015, the FASB issued guidance that requires debt issuance costs to be presented in the balance sheet as a reduction

Req A to D Reg E to H Find the following data for 2017 in the Notes to Consolidated Financial Statements: e. Amount of finish
et Di 9. Supplement Balance Sheets Accounts receivable Customer accounts receivable Allowances...... Subtotal... Other... Inv
11. Taxes on Earnings The provision for income taxes on earnings consists of the following: 2017 2016 Income taxes: Currently
ezto-cf-media.mhed... G ODIN@WE ROOI u 200. 4380 $ Net sales Americas Simple Meals and Beverages Global Biscuits and Snacks..
20. Quarterly Data (unaudited) 678 2017 First Second Third Fourth Net sales.............. $ 2,202 $ 2.171 $ 1.853 $ 1.664 Gro
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Answer #1

Q1)

Dividend per share $1.4 per share(Refer working note)   
Capital expenditure $341 millions (Refer working note)
Total equity grow in In the year 2014 (Refer working note)
Change in total debt Total debt decreased by $902 millions(Refer working note)

Working note:

1.Dividend per share: In select financial data, you can find dividend per share details under the heading  per share data information

2.Capital expenditure :In select financial data, information about capital expenditure incurred is given under heading Other statistics. Capital expenditure incurred in the year 2016 is 341 millions

3.In which year total equity growth is highest when compared to previous year ?

Information about total equity is given under the heading Financial position .When compared to the year 2013 total equity of the year 2014 grew by $410 millions which is the highest growth in equity recorded among all the years.

4.Change in total debt :Information about total debt is given under the heading financial position.Total debt decreased by $902 millions from the year 2013 to 2017.

Q2)

Amount of finished product in inventory $525 million (Refer working note)
Effective income tax 31.4%((Refer working note)
Net sales for global biscuit and snacks segment $2598 million(Refer working note)
Range $59.14-$50.62.

Working note:

1.Information about finished product inventory is given under the heading Inventories in supplemental financial statement data

2.Effective income tax rate is given under the heading taxes on earnings

3.information about net sales of each segment is given under net sales heading

4.Highest price recorded is $59.14 and lowest price recorded is $50.62 therefore the price range is $59.14-$50.62.Information about highest and lowest price is given under the heading quarterly data.

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