Problem

Understanding note disclosures and financial summary data This problem is based on t...

Understanding note disclosures and financial summary data This problem is based on the 2011 annual report of Campbell Soup Company in the appendix. Find in the Selected Financial Data (also known as the Five-Year Review), or calculate, the following data:

a. Net sales in 2008.

b. Operating income (earnings before interest and taxes) in 2007.

c. Difference between operating income and net income (net earnings) in 2009.

d. Year(s) in which net income decreased compared to the previous year.

Find the following data for 2011 in the Notes to Consolidated Financial Statements:

e. Amount of interest paid.

f. Number of stock options exercisable at July 31, 2011.

g. Net sales to customers outside the United States.

h. Cost of products sold for the third quarter of 2011.

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Solutions For Problems in Chapter 10