Calculate for the last 2 fiscal years:

a. Net Profit Margin

b. Current Ratio, Total Asset Turnover,

c. Total Assets divided by Common Equity, called the Financial Leverage Multiplier, FLM

d. Return on Assets and Return on Equity, using the du Pont formula

e. What are its two largest sources and uses of cash in the latest year?

f. How does the company appear to be performing?

g. What would you investigate further concerning its financial performance?

Please show work, thank you for the help!

Kellogg Company and Subsidiaries 2017 CONSOLIDATED STATEMENT OF INCOME (millions, except per share data) Net sales $ Cost of goods sold Selling, general and administrative expense Operating profit $ Interest expense Other income (expense), net $ Income before income taxes Income taxes Earnings (loss) from unconsolidated entities Net income $ Net income (loss) attributable to noncontrolling interests Net income attributable to Kellogg Company $ Per share amounts: Basic $ Diluted $ 2019 13,578 $ 9,197 2,980 1,401 $ 284 188 $ 1,305 321 (7) 977 $ 17 960 $ 2018 13,547 $ 8,821 3,020 1,706 $ 287 (90) $ 1,329 181 196 1,344 $ 8 1,336 $ 12,854 8,155 3,312 1,387 256 526 1,657 410 7 1,254 1,254 2.81 2.80 $ $ 3.85 3.83 $ $ 3.61 3.58 Kellogg Company and Subsidiaries CONSOLIDATED BALANCE SHEET 2019 2018 $ 321 1,375 1,330 131 3,157 3,731 397 $ 1,576 1,226 232 3,431 3,612 541 5,861 2,576 404 1,139 17,564 $ 6,050 3,361 413 1,068 17,780 $ $ 510 176 2,427 (millions, except share data) Current assets Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total current assets Property, net Operating lease right-of-use assets Goodwill Other intangibles, net Investment in unconsolidated entities Other assets Total assets Current liabilities Current maturities of long-term debt Notes payable Accounts payable Current operating lease liabilities Other current liabilities Total current liabilities Long-term debt Operating lease liabilities Deferred income taxes Pension liability Other liabilities Commitments and contingencies Equity Common stock, $.25 par value, 1,000,000,000 shares authorized Issued: 420,829,201 shares in 2019 and 420,666,780 shares in 2018 Capital in excess of par value Retained earnings Treasury stock, at cost 79,286, 171 shares in 2019 and 76,801,314 shares in 2018 Accumulated other comprehensive income (loss) Total Kellogg Company equity Noncontrolling interests Total equity Total liabilities and equity 620 107 2,387 114 1,550 4,778 7,195 433 596 705 543 1,416 4,529 8,207 730 651 504 105 105 895 921 7,859 7,652 (4,690) (1,448) 2,747 567 3,314 17,564 $ (4,551) (1,500) 2,601 558 3,159 17,780 $ CONSOLIDATED STATEMENT OF CASH FLOWS 2019 2018 2017 $ 977 $ 1,344 $ 1,254 484 (89) 47 56 516 170 46 59 481 (427) (58) 66 132 26 7 (200) (23) 144 1 (47) (35) (1) (255) (28) (287) (44) (145) 2 (9) 40 1,176 76 (86) 115 (154) 1,536 $ (1,300) 80 193 (13) 403 $ $ $ (586) $ (578) $ (501) 1,243 (592) (28) (8) 1,332 (389) (millions) Operating activities Net income Adjustments to reconcile net income to operating cash flows: Depreciation and amortization Postretirement benefit plan expense (benefit) Deferred income taxes Stock compensation Multi-employer pension plan exit liability Gain from unconsolidated entities, net Noncurrent income taxes payable Other Tax payment related to divestitures Postretirement benefit plan contributions Changes in operating assets and liabilities, net of acquisitions: Trade receivables Inventories Accounts payable All other current assets and liabilities Net cash provided by (used in) operating activities Investing activities Additions to properties Collections of deferred purchase price on securitized trade receivables Acquisitions, net of cash acquired Divestiture Investments in unconsolidated entities Acquisition of cost method investments Purchases of available for sale securities Sales of available for sale securities Other Net cash provided by (used in) investing activities Financing activities Net increase (reduction) of notes payable, with maturities less than or equal to 90 days Issuances of notes payable, with maturities greater than 90 days Reductions of notes payable, with maturities greater than 90 days Issuances of long-term debt Reductions of long-term debt Debt redemption costs Net issuances of common stock Common stock repurchases Cash dividends Other Net cash provided by (used in) financing activities Effect of exchange rate changes on cash and cash equivalents Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Supplemental cash flow disclosures: Interest paid Income taxes paid Supplemental cash flow disclosures of non-cash investing activities: Beneficial interests obtained in exchange for securitized trade receivables Additions to properties included in accounts payable (1) (18) 83 (28) 774 $ 55 (948) $ 6 149 $ (264) 62 (23) 993 (408) 153 17 (238) 1,251 (632) (18) 62 (69) 80 (1,009) (17) 64 (220) (769) (9) (1,905) $ 31 76 $ 321 397 $ 97 (516) (736) $ 167 (320) (762) (11) (566) $ 18 40 $ 281 321 $ on (604) 53 1 280 281 $ $ $ 284 $ 537 $ 280 188 $ $ 258 352 $ $ $ $ $ $ 1.222 151 128 162