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Carlton Soup Company is the world's leading maker and marketer of soup and sells other...

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Accounting

Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) presented in alphabetical order:

Accounts payable $ 650 Other assets $ 139
Accounts receivable 590 Other current assets 76
Accrued expenses 625 Other current debt 1,120
Cash and cash equivalents 304 Other noncurrent liabilities 3,763
Common stock, $0.0375 par value 392 Property, plant, and equipment, net 2,382
Intangible assets 3,063 Retained earnings 976
Inventories 972

Required:

Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

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