Liquidity Analyses for Kellogg's and General Mills The following information was summarized from the balance sheets induded in the Form 10-K for the 2014 fiscal year of Kellogg Company and subsidiaries at January 3, 2015, and General Mills, Inc., and subsidiaries at May 25, 2014 in millions Kellogg's General Mills Cash and cash equivalents $443 $867.3 Accounts receivable, net 1,483.6 1,276 Inventories 1,279 1,559.4 Deferred income taxes Prepaid expenses and other current assets 409.1 342 Total current assets $3,340 $4,393.5 Total current liabilities $4,364 $5,423.5 "Described as "receivables" by General Mills. Described as "other current assets" by Kellogg's. Required: 1. Using the information provided, compute the following for each company at the end of 2014: Round your answers to two decimal places. Kellogg's General Mills to 1 to 1 a. Current ratio Previous Next Save and Exit Submit Assignment for Gra All work saved