The fiscal year 2017 annual report of General Mills, Inc. is available on this book's Website.

Required

a. Refer to Note 2. How does General Mills define its cash equivalents?

b. What method does General Mills use to report its cash provided by operating activities?

c. What is the change in cash and cash equivalents experienced by General Mills during fiscal 2017? What is the amount of cash and cash equivalents as of May 28, 2017?

d. What is General Mills' operating-cash-flow-to-capital-expenditures ratio for fiscal year 2017?

e. Calculate General Mills' 2017 operating-cash-flow-to-current-liabilities ratio.