Compute total liabilities at year end

Reference no: EM1355179

The following numbers appeared in the annual report of General Mills, Inc., the consumer foods manufacturer, for the fiscal year ending May 2008 (in millions of dollars):

Fiscal 2008 Fiscal 2007
Total assets 19,042 18,184
Total stockholders' equity 6,216 5,319
Total revenues 13,652 12,442
Common share issues 1,133 504
Common dividends 530 505
Common stock repurchases 1,385 1,385
The firm has no preferred stock.

For fiscal 2008, calculate
a. Total liabilities at year end.
b. Comprehensive income for the year

Reference no: EM1355179

Questions Cloud

Partial strategic audit - harley davidson : Explain the strategic management process within the global environment. Conduct various environmental analyses as they relate to an organization. Formulate strategies and potential strategic alternatives for different situations. Use effective commun..

Traditional organizational model to transformed organization : How the changes impacted the company's diverse workforce and how the changes impacted two of the following:

Perform analysis and prove new bounds : For each of these sublists, the median is found. Further, the median of these medians is found and returned as the pivot. Perform the analysis and prove the new bounds.

Find the moment of inertia of the wheel : minivan moving at 38 m/s passes an unmarked state police car moving at 24 m/s. The electromagnetic waves produced by the radar gun in the police car have the frequency of 8.25 × 10^9 Hz.

Compute total liabilities at year end : The following numbers appeared in the yearly report of General Mills, Corporation, the consumer foods manufacturer, for the fiscal year ending May 2008 (in millions of dollars):

Explain how the various parts of the human resource system : Explain how the various parts of the human resource system used in an organization you are familiar

Organizational lobbying : describes the different levels at which lobbying takes place. Further, this solution explains why there is a lack of unity among the umbrella lobbying organizations.

Illustrate which of the three cases demand has increased : Illustrate which of the three cases, if any, do you think that demand has increased more rapidly than supply. Explain your reasoning.

Audit-subsequent events procedures : What are the two types of subsequent events in terms of their effects on the financial statements? Give an example of each type of subsequent events? List the type of procedures performed during a subsequent events review.

User Account

All Pages