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EYK 14 Accounting Research Problem: General Mills, Inc. REQUIRED: Part a: Using the fiscal year end 2020 and 2019 annual reports for General Mills,

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EYK 14 Accounting Research Problem: General Mills, Inc. REQUIRED: Part a: Using the fiscal year end 2020 and 2019 annual reports for General Mills, Inc. calculate the following financial ratios for 2020 and 2019 using the EXCEL template provided. 1. Gross profit percentage 2. Return on sales 3. Asset turnover 4. Return on assets 5. Return on common stockholders' equity 6. Current ratio 7. Quick ratio 8. Operating-cash-flow-to-current-liabilities ratio 9. Accounts receivable turnover 10. Average collection period 11. Inventory turnover 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 18. Dividend yield 19. Dividend payout ratio Part 2: Answer the four analysis questions below regarding the Current Ratio, Accounts Receivable Turnover, Days Sales in Inventory and Debt to Equity Ratio What does the ratio tell a company? What is the formula? Comparing 2020 to 2019 did the ratio indicate a positive change or negative change for the company?

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