AutoSave off Module 8 EYK 14-5 Template (1) - Excel MO ile Home Insert Page Layout Forn Review View 1 12 Wrap Text aste X Cut [Copy 3 Format Painter Clipboard Merge & Center % 9 0 0 Conditional Fo Formatting T Sty Baker College Baker College ACC 1020 Principles of Accounting EYK 12-1 -- General Mills insert the formula here 2017 Gross profit percentage Return on sales Asset turnover Return on assets Return on common stockholders' equity Current ratio Quick ratio Operating cash flow to current liabilities ra Accounts receivable turnover Average collection period Inventory turnover Days' sales in inventory Debt to equity ratio Times interest earned Operating cash flow to capital expenditures ratio Earnings per share Price-earnings ratio Dividend yield Dividend payout ratio b Analysis EYK 12-1 - O Type here to search EYK14-5. Accounting Research Problem: General Mills. Ine. The fiscal year 2017 annual report of Gen- eral Mills, Inc. is available on this book's web site. Required a. Calculate (or identify) the following financial ratios for 2016 and 2017: 1. Gross profit percentage 2. Return on sales 3. Asset turnover (2015, total assets = $21,832.0 million) 4. Return on assets (2015, total assets = $21,832.0 million) 5. Return on common stockholders' equity (2015, total stockholders' equity = $4.996.7 million) 6. Current ratio 7. Quick ratio 8. Operating-cash-flow-to-current liabilities ratio (2015, current liabilities = $4,890.1 million) 9. Accounts receivable turnover (2015, accounts receivable = $1,386.7 million) 10. Average collection period 11. Inventory turnover (2015, inventory = $1,540.9 million) 12. Days' sales in inventory 13. Debt-to-equity ratio 14. Times-interest-earned ratio 15. Operating-cash-flow-to-capital-expenditures ratio 16. Earnings per share 17. Price-earnings ratio (Use year-end adjusted closing stock price of $57.32 for 2017 and $63.69 for 2016.) 18. Dividend yield 19. Dividend payout ratio b. Comment briefly on the changes from fiscal 2016 to fiscal 2017 in the ratios computed above. AutoSave off Module 8 EYK 14-5 Template (1) - Excel MO ile Home Insert Page Layout Forn Review View 1 12 Wrap Text aste X Cut [Copy 3 Format Painter Clipboard Merge & Center % 9 0 0 Conditional Fo Formatting T Sty Baker College Baker College ACC 1020 Principles of Accounting EYK 12-1 -- General Mills insert the formula here 2017 Gross profit percentage Return on sales Asset turnover Return on assets Return on common stockholders' equity Current ratio Quick ratio Operating cash flow to current liabilities ra Accounts receivable turnover Average collection period Inventory turnover Days' sales in inventory Debt to equity ratio Times interest earned Operating cash flow to capital expenditures ratio Earnings per share Price-earnings ratio Dividend yield Dividend payout ratio b Analysis EYK 12-1 - O Type here to search EYK14-5. Accounting Research Problem: General Mills. Ine. The fiscal year 2017 annual report of Gen- eral Mills, Inc. is available on this book's web site. Required a. Calculate (or identify) the following financial ratios for 2016 and 2017: 1. Gross profit percentage 2. Return on sales 3. Asset turnover (2015, total assets = $21,832.0 million) 4. Return on assets (2015, total assets = $21,832.0 million) 5. Return on common stockholders' equity (2015, total stockholders' equity = $4.996.7 million) 6. Current ratio 7. Quick ratio 8. Operating-cash-flow-to-current liabilities ratio (2015, current liabilities = $4,890.1 million) 9. Accounts receivable turnover (2015, accounts receivable = $1,386.7 million) 10. Average collection period 11. Inventory turnover (2015, inventory = $1,540.9 million) 12. Days' sales in inventory 13. Debt-to-equity ratio 14. Times-interest-earned ratio 15. Operating-cash-flow-to-capital-expenditures ratio 16. Earnings per share 17. Price-earnings ratio (Use year-end adjusted closing stock price of $57.32 for 2017 and $63.69 for 2016.) 18. Dividend yield 19. Dividend payout ratio b. Comment briefly on the changes from fiscal 2016 to fiscal 2017 in the ratios computed above
