Managers should try to maximize the intrinsic value of a firm, which is determined by cash flows as revealed in financial statements, you as a financial Manager or financial analyst, should periodically evaluate your company and particularly its financial statements and stock to help in making substantial financial decisions so the following should take place:

The company name: General Mills

0. 1. Ratio analysis

   • Calculate the 2019 and 2020 inventory turnover, days sales

     outstanding, fixed assets turnover, and the total assets turnover? How does your company utilization of assets stack up against the other firm in your group companies?

   • Calculate the 2019 and 2020 debt-to-assets and time-interest-earned ratio. How does your company compare with your group with respect to financial leverage? What can you conclude from these ratios?

   • Calculate the 2019 and 2020 ratios of profitability. Explain your answers.

   • Calculate the 2019 and 2020 market ratios. Explain your answers.