1. Does the financing mix of the company appear appropriate given the industry and business strategy? What is their dividend policy? 2. Is the company having trouble servicing their debt load? Is there capacity to start new projects given the current level of external financing? 3. Does the company have a high level of non-operating assets such as excess cash or investments in marketable securities? If so, discuss the business purpose of these assets. Solvency Ratios Debt-to-asset ratio Cash Debt Coverage Ratio Times Interest Earned General Mills Inc. Recent Year 0.67 0.137 Solvency Ratios Operating profit/net interest expense 3144.8/430.9 =7.29? Prior Year 0.71 0.169 2953.9/475.1 = 6.21? The Kraft Heinz Co. Recent Year 0.496 0.099 2128/1394 = 1.52? Prior Year 0.489 0.071 3070/1361 =2.25?