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Note: Complete the entire question using the following Excel template: Excel Tem AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2019, $ millions Total revenues Operating expenses $11,624.0 Systems development and programming costs 5,860.0 Depreciation and amortization Total cost of revenues 636.3 Selling, general, and administrative expenses Interest expense 304.4 Total expenses 6,800.7 Other (income) expense, net 2,513.0 Earnings before income taxes 107.0 Provision for income taxes 9,420.7 Net earnings \begin{tabular}{|r|} \hline(91.0) \\ \hline 2,294.3 \\ \hline 712.8 \\ \hline 1,581.5 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet S millions 30,2019June Current assets Cash and cash equivalents $1,598.0 Accounts receivable, net 2,439.3 Other current assets Total current assets before funds held for clients 519.64,556.9 Funds held for clients Total current assets Long-term receivables, net Property, plant and equipment, net Capitalized contract cost, net 24,136.028,692.9 Other assets Goodwill 23.8 Intangible assets, net 627. Total assets 2,428.5 Current liabilities 934.4 2,323.0 1,071.5 $36,101.1 \begin{tabular}{|l|r|} \hline Total assets & $36,101.1 \\ \hline Current liabilities & \\ \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities & 1,442.0 \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline Dividends payable & 279.0 \\ \hline Short-term deferred revenues & 220.7 \\ \hline Obligations under reverse repurchase agreements & 262.0 \\ \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,105.1 \\ \hline Client funds obligations & 23,898.0 \\ \hline Total current liabilities & 27,003.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 655.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 30,719.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, \$1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, 50.10 par value; Authorized, 1,000.0 shares; & \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 30,719.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1,164.9 \\ \hline Retained earnings & 17,500.6 \\ \hline Treasury stock, at cost: 204.5 shares & (13,090.5) \\ \hline Accumulated other comprehensive loss & (257.3) \\ \hline Total stockholders' equity & 5,381.6 \\ \hline Total liabilities and stockholders' equity & $36,101.1 \\ \hline \end{tabular} Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. use facrasse Decimal or oncrease Onctimaleo adjust decimal places. Do not round answers. Then eeler the amiwers into the grovised paces below with jug decsical puces. Noterbie nepative sygs with answers, when approperate. Goodwill, long-term debt, preferred stock, common stock, and Accumulated otner comp All other percentages are based on historic percent of total revenues AUTOMATIC DATA PROCESSING INC. Balance Sheet $ millions 30,2020June Current assets Cash and cash equivalents Accounts receivable, net Other current assets Total current assets before funds held for clients Funds held for clients Total current assets Long-term receivables, net Property, plant and equipment, net Capitalized contract cost, net Other assets Goodwill 2323 Intangible assets, net Total assets Current liabilities Accounts payable \begin{tabular}{|l|r|} \hline Total liabilities \\ \begin{tabular}{l|r|} \hline Shareholders' equity \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & 0 \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1332.2 \\ \hline Retained earnings & -13840.5 \\ \hline Treasury stock, at cost; 204.5 shares \\ \hline Accumulated other comprehensive loss \\ \hline Total stockhoiders' equity & \\ \hline Total liabilities and stockholders' equity & \\ \hline \end{tabular} \end{tabular} Note: Complete the entire question using the following Excel template: Excel Tem AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2019, $ millions Total revenues Operating expenses $11,624.0 Systems development and programming costs 5,860.0 Depreciation and amortization Total cost of revenues 636.3 Selling, general, and administrative expenses Interest expense 304.4 Total expenses 6,800.7 Other (income) expense, net 2,513.0 Earnings before income taxes 107.0 Provision for income taxes 9,420.7 Net earnings \begin{tabular}{|r|} \hline(91.0) \\ \hline 2,294.3 \\ \hline 712.8 \\ \hline 1,581.5 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet S millions 30,2019June Current assets Cash and cash equivalents $1,598.0 Accounts receivable, net 2,439.3 Other current assets Total current assets before funds held for clients 519.64,556.9 Funds held for clients Total current assets Long-term receivables, net Property, plant and equipment, net Capitalized contract cost, net 24,136.028,692.9 Other assets Goodwill 23.8 Intangible assets, net 627. Total assets 2,428.5 Current liabilities 934.4 2,323.0 1,071.5 $36,101.1 \begin{tabular}{|l|r|} \hline Total assets & $36,101.1 \\ \hline Current liabilities & \\ \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities & 1,442.0 \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline Dividends payable & 279.0 \\ \hline Short-term deferred revenues & 220.7 \\ \hline Obligations under reverse repurchase agreements & 262.0 \\ \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,105.1 \\ \hline Client funds obligations & 23,898.0 \\ \hline Total current liabilities & 27,003.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 655.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 30,719.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, \$1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, 50.10 par value; Authorized, 1,000.0 shares; & \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 30,719.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1,164.9 \\ \hline Retained earnings & 17,500.6 \\ \hline Treasury stock, at cost: 204.5 shares & (13,090.5) \\ \hline Accumulated other comprehensive loss & (257.3) \\ \hline Total stockholders' equity & 5,381.6 \\ \hline Total liabilities and stockholders' equity & $36,101.1 \\ \hline \end{tabular} Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. use facrasse Decimal or oncrease Onctimaleo adjust decimal places. Do not round answers. Then eeler the amiwers into the grovised paces below with jug decsical puces. Noterbie nepative sygs with answers, when approperate. Goodwill, long-term debt, preferred stock, common stock, and Accumulated otner comp All other percentages are based on historic percent of total revenues AUTOMATIC DATA PROCESSING INC. Balance Sheet $ millions 30,2020June Current assets Cash and cash equivalents Accounts receivable, net Other current assets Total current assets before funds held for clients Funds held for clients Total current assets Long-term receivables, net Property, plant and equipment, net Capitalized contract cost, net Other assets Goodwill 2323 Intangible assets, net Total assets Current liabilities Accounts payable \begin{tabular}{|l|r|} \hline Total liabilities \\ \begin{tabular}{l|r|} \hline Shareholders' equity \\ \hline Preferred stock, $1.00 par value; Authorized, 0.3 shares; issued, none & 0 \\ \hline Common stock, $0.10 par value; Authorized, 1,000.0 shares; \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1332.2 \\ \hline Retained earnings & -13840.5 \\ \hline Treasury stock, at cost; 204.5 shares \\ \hline Accumulated other comprehensive loss \\ \hline Total stockhoiders' equity & \\ \hline Total liabilities and stockholders' equity & \\ \hline \end{tabular} \end{tabular}

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