Liquidity Analyses for Kellogg's and General Mills The following information was summ ed from the balance sheets induded in the form 10 K for the 2015 Mils, Inc. and Subsidiaries at May 31, 2015 year of Kello Campany and Subsianes at January 2, 2016, and General Kellogg's $251 1.386.7 1,540.0 in millions) Cash and cash equivalents Accounts receivable Inventories Deferred income taxes Prepad expenses and other current assets Total current assets Total current atties Described bles" by General Mills **Described as other current styles $3,236 $5,30 $4,000.1 1. Using the information provided, comote the following for each company at the end of 2015 Round your answers to two decimal places Kellogg's General Hills Current ratio Quick ratio 2. Kellogg's reported cash provided by operating activities of $1,691 million during 2015. General Mills reported t he provided by operating activities of $2,542.8 milion. Total current liabilities reported by Kellogg's at Januwy, 2015, and General Milis at May 25, 2014, were $4.364 million and $5.423.5 million, respectively, Compute the cartow from operations te current i s ratio for each company for 2015. Round your answers to two decimales Oh My Work 2 more Check My Workester U $3,25 ncome taxes Prepaid expenses and other current a s Total current assets Total current sites Described as receivable by General Described as other current assets" by K 's 1. Using the information provided, compute the following for each company at the end of 2015. Round your answers to two decimal places Kellogg's General . Current ratio Quick ratio 2. Kellogg's cash provided by corting active $1.00 milion during 2015. General Mills reported cash provided by e ating activities of 542 milion. Total current l es ported by 2015, d a y 25, 2014, S4364 on and 5.435 milion espectively. Compute the cash flow from operations to current abatien rate for each company for 2015. Round your answers to two decand places Hati Kega's Which t 4. Examples of the rates that can be used to more fully as the city of the two com (Previous Next >