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Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from JM Smucker Co. for the year ended April 30, 2018 (\$ millions). * Cash from financing activities includes the effects of foreign exchange rate fluctuations. a. Prepare the income statement for the year ended April 30,2018 . Note: Do not use negative signs with any of your answers. b. Prepare the balance sheet as of April 30,2018 . c. Prepare the statement of cash flows for the year ended April 30, 2018. Note: Use a negative sign with your answer to indicate cash was used by activities and/or a decrease in cash. d. Compute ROA. e. Compute profit margin (PM). f. Compute asset turnover (AT). g. Compute ROE, Notes: d. Compute ROA. e. Compute profit margin (PM). f. Compute asset turnover (AT). g. Compute ROE. Notes: Round ROA, PM, and ROE to one decimal place (ex: 10.5\%). Round AT (asset turnover) to two decimal places (0.33). Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from JM Smucker Co. for the year ended April 30, 2018 (\$ millions). * Cash from financing activities includes the effects of foreign exchange rate fluctuations. a. Prepare the income statement for the year ended April 30,2018 . Note: Do not use negative signs with any of your answers. b. Prepare the balance sheet as of April 30,2018 . c. Prepare the statement of cash flows for the year ended April 30, 2018. Note: Use a negative sign with your answer to indicate cash was used by activities and/or a decrease in cash. d. Compute ROA. e. Compute profit margin (PM). f. Compute asset turnover (AT). g. Compute ROE, Notes: d. Compute ROA. e. Compute profit margin (PM). f. Compute asset turnover (AT). g. Compute ROE. Notes: Round ROA, PM, and ROE to one decimal place (ex: 10.5\%). Round AT (asset turnover) to two decimal places (0.33)

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