In this Assignment, you will be assessed based on the following outcome: MT482-2: Asses the principle characteristics of liabilities (debt), equity and assets. This Assignment will require you to dig deep into the structure and composition of Campbell Soups liabilities (debt) and equity. This will help you better understand the sources of funding in any business. Locate the Campbell Soup Cases 3-2 and 3-3 on pages 219 and 220 of your text. Be sure to submit thoughtful and substantial answers to the questions following each case CASE 32 Analyzing and Interpreting Liabilities Refer to the annual report of Campbell Soup Company in Appendix A. Campbell Soup Required: a. Identify Campbell Soups major categories of liabilities. Identify which of these liabilities require recognition of interest expense. b. Reconcile activity in the long-term borrowing account for Year 11. c. Describe the composition of Campbell Soups long-term liabilities account using its note 19. Page 220CASE 33 Analyzing and Interpreting Equity Refer to the annual report of Campbell Soup Company in Appendix A. Campbell Soup Required: a. Determine the book value per share of Campbell Soups common stock for Year 11. b. Identify the par value of Campbell Soups common shares. Determine the number of common shares authorized, issued, and outstanding at the end of Year 11. c. Determine how many common shares Campbell Soup repurchased as treasury stock for Year 11. Determine the price at which Campbell Soup repurchased the shares. CHECK (c) Year 11 repurchase price, $51.72add reference
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