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Prepare horizontal analysis of darden restaurants

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Question - The current asset portion of Darden Restaurants, Inc.'s Fiscal Year Ended May 27, 2018 May 28, 2017 balance sheet is as follows (in $ millions).

Current assets: Cash and cash equivalents $146.9 $233.1

Receivables, net 83.7 75.9

Inventories 205.3 178.9

Prepaid income taxes 15.9 6.2

Prepaid expenses and other current assets89.980.6 Assets held for sale 11.9 13.2

Total current assets $553.6 $587.9

Required - Prepare a horizontal analysis of Darden Restaurants' current assets.

Reference no: EM133043895

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