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\begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ ASSETS } & \multicolumn{2}{|c|}{\begin{tabular}{c} May 26, \\ 2019 \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} May 27, \\ 2018 \end{tabular}} \\ \hline \multirow{2}{*}{\multicolumn{5}{|c|}{ Current assets: }} \\ \hline & & & & \\ \hline Cash and cash equivalents & s & 450.0 & $ & 399.0 \\ \hline Receivables & & 1,679.7 & & 1,684.2 \\ \hline Inventories & & 1,559.3 & & 1,642.2 \\ \hline Prepaid expenses and other current assets & & 497.5 & & 398.3 \\ \hline Total current assets & & 4,186.5 & & 4,123.7 \\ \hline Land, buildings, and equipment & & 3,787.2 & & 4,047.2 \\ \hline Goodwill & & 13,995.8 & & 14,065.0 \\ \hline Other intangible assets & & 7,166.8 & & 7,445.1 \\ \hline Other assets & & 974.9 & & 943.0 \\ \hline Total assets & s & 30,111.2 & $ & 30,624.0 \\ \hline \multicolumn{5}{|l|}{ LIABILITIES AND EQUITY } \\ \hline \multicolumn{5}{|l|}{ Current liabilities: } \\ \hline Accounts payable & s & 2,854.1 & $ & 2,746.2 \\ \hline Current portion of long-term debt & & 1,396.5 & & 1,600.1 \\ \hline Notes payable & & 1,468.7 & & 1,549.8 \\ \hline Other current liabilities & & 1,367.8 & & 1,445.8 \\ \hline Total current liabilities & & 7,087.1 & & 7,341.9 \\ \hline Long-term debt & & 11,624.8 & & 12,668.7 \\ \hline Deferred income taxes & & 2,031.0 & & 2,003.8 \\ \hline Other liabilities & & 1,448.9 & & 1,341.0 \\ \hline Total liabilities & & 22,191.8 & & 23,355.4 \\ \hline Redeemable interest & & 551.7 & & 776.2 \\ \hline \multicolumn{5}{|l|}{ Stockholders' equity: } \\ \hline Common stock, 754.6 shares issued, $0.10 par value & & 75.5 & & 75.5 \\ \hline Additional paid-in capital & & 1,386.7 & & 1,202.5 \\ \hline Retained earnings & & 14,996.7 & & 14,459.6 \\ \hline Common stock in treasury, at cost, shares of 152.7 and 161.5 & & (6,779.0) & & (7,167.5) \\ \hline Accumulated other comprehensive loss & & (2,625.4) & & (2,429.0) \\ \hline Total stockholders' equity & & 7,054.5 & & 6,141.1 \\ \hline Noncontrolling interests & & 313.2 & & 351.3 \\ \hline Total equity & & 7,367.7 & & 6,492.4 \\ \hline Total liabilities and equity & s & 30,111.2 & $ & 30,624.0 \\ \hline \end{tabular} See accompanying notes to consolidated financial statements. 1. The balance sheet reports Accounts Receivable $1,679.7 million at May 26, 2019. This amount is reported net of the allowance for doubtful accounts (also commonly referred to as allowance for uncollectible accounts). Calculate the gross (or total) amount of accounts receivable using the information about the allowance for doubtful accounts in Schedule II. 2. How much bad debt expense did General Mills recognize in the income statement for the year ending May 26, 2019? 3. How much receivables did General Mills write off for the year ending May 26, 2019? Note: For all requirements, enter your answers in millions, rounded to one decimal place. \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ ASSETS } & \multicolumn{2}{|c|}{\begin{tabular}{c} May 26, \\ 2019 \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} May 27, \\ 2018 \end{tabular}} \\ \hline \multirow{2}{*}{\multicolumn{5}{|c|}{ Current assets: }} \\ \hline & & & & \\ \hline Cash and cash equivalents & s & 450.0 & $ & 399.0 \\ \hline Receivables & & 1,679.7 & & 1,684.2 \\ \hline Inventories & & 1,559.3 & & 1,642.2 \\ \hline Prepaid expenses and other current assets & & 497.5 & & 398.3 \\ \hline Total current assets & & 4,186.5 & & 4,123.7 \\ \hline Land, buildings, and equipment & & 3,787.2 & & 4,047.2 \\ \hline Goodwill & & 13,995.8 & & 14,065.0 \\ \hline Other intangible assets & & 7,166.8 & & 7,445.1 \\ \hline Other assets & & 974.9 & & 943.0 \\ \hline Total assets & s & 30,111.2 & $ & 30,624.0 \\ \hline \multicolumn{5}{|l|}{ LIABILITIES AND EQUITY } \\ \hline \multicolumn{5}{|l|}{ Current liabilities: } \\ \hline Accounts payable & s & 2,854.1 & $ & 2,746.2 \\ \hline Current portion of long-term debt & & 1,396.5 & & 1,600.1 \\ \hline Notes payable & & 1,468.7 & & 1,549.8 \\ \hline Other current liabilities & & 1,367.8 & & 1,445.8 \\ \hline Total current liabilities & & 7,087.1 & & 7,341.9 \\ \hline Long-term debt & & 11,624.8 & & 12,668.7 \\ \hline Deferred income taxes & & 2,031.0 & & 2,003.8 \\ \hline Other liabilities & & 1,448.9 & & 1,341.0 \\ \hline Total liabilities & & 22,191.8 & & 23,355.4 \\ \hline Redeemable interest & & 551.7 & & 776.2 \\ \hline \multicolumn{5}{|l|}{ Stockholders' equity: } \\ \hline Common stock, 754.6 shares issued, $0.10 par value & & 75.5 & & 75.5 \\ \hline Additional paid-in capital & & 1,386.7 & & 1,202.5 \\ \hline Retained earnings & & 14,996.7 & & 14,459.6 \\ \hline Common stock in treasury, at cost, shares of 152.7 and 161.5 & & (6,779.0) & & (7,167.5) \\ \hline Accumulated other comprehensive loss & & (2,625.4) & & (2,429.0) \\ \hline Total stockholders' equity & & 7,054.5 & & 6,141.1 \\ \hline Noncontrolling interests & & 313.2 & & 351.3 \\ \hline Total equity & & 7,367.7 & & 6,492.4 \\ \hline Total liabilities and equity & s & 30,111.2 & $ & 30,624.0 \\ \hline \end{tabular} See accompanying notes to consolidated financial statements. 1. The balance sheet reports Accounts Receivable $1,679.7 million at May 26, 2019. This amount is reported net of the allowance for doubtful accounts (also commonly referred to as allowance for uncollectible accounts). Calculate the gross (or total) amount of accounts receivable using the information about the allowance for doubtful accounts in Schedule II. 2. How much bad debt expense did General Mills recognize in the income statement for the year ending May 26, 2019? 3. How much receivables did General Mills write off for the year ending May 26, 2019? Note: For all requirements, enter your answers in millions, rounded to one decimal place

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