The fiscal year 2017 annual report of General Mills, Inc. is available on this book's Website. Refer
Question:
The fiscal year 2017 annual report of General Mills, Inc. is available on this book's Website. Refer to the consolidated balance sheet, and Note 8.
Required
a. What was the total dollar amount of current liabilities as of May 28, 2017?
b. What percent of long-term debt was considered current as of May 28, 2017?
c. What were the current ratio and quick ratio as of May 28,2017 ?
d. What is the total amount of long-term liabilities reported by General Mills as of May 28, \(2017 ?\)
e. How much principal payments on the long-term debt is General Mills anticipating paying in fiscal year 2018 ?
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