What was the net income or loss for campbell soup

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Reference no: EM131526422

Question: Use the following data (in millions) for Campbell Soup Co. for the year ending August 1, 2004, to answer the following questions.

Retained earnings August 3, 2003 $5,254

Retained earnings August 1, 2004 5,642

Net cash from operating activities 1,106 Net decrease in cash 3

a. Determine the net increase or decrease in retained earnings during 2004.

b. If dividends in 2004 are $259, what was the net income or loss for Campbell Soup for the year ending August 1, 2004?

Reference no: EM131526422

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