Refer to the consolidated balance sheets on page 712 of the Campbell Soup Company annual report in the appendix.
Required:
Prepare a common size balance sheet at August 1, 2010, using the following captions:
Total current assets
Plant assets, net of depreciationGoodwill
Total other long term assets
Total assets
Total current liabilities
Total long term liabilities (including deferred taxes)Total equity
Total liabilities and equity