Please take a look at this problems, I have most of it complete, not sure if i'm doing it right or not. The problem is EYK14-5 (Textbook photo) need. Picture below helps with ratios.

$1.69 $0.68 $0.42 $0.35 $0.50 Earnings per common share Dividend per common share. $0.60 Fefore accounting change Required Calculate the dividend payout ratio for each company for each of the five years. b. Companies may differ in their dividend policy; that is, they may differ in whether they em phasize a constant dividend amount per share, a steady growth in dividend amount per share a target or constant dividend payout ratio, or some other criterion. Based on the data available identify what appears to be each of the above firms' dividend policy over the five-year period a. RITICAL THINKING YK14-5. Accounting Research Problem: General Mills, Inc. The fiscal year 2017 annual report of Gen eral Mills, Inc, is available on this book's web site. Required Calculate (or identify) the following financial ratios for 2016 and 2017: 1. Gross profit percentage a. 2. Return on sales 3. Asset turnover (2015, total assets= $21,832.0 million) 4. Return on assets (2015, total assets = $21,832.0 million) 5. Retum on common stockholders' equity (2015, total stockholders' equity $4,996.7 million) = 6. Current ratio 7. Quick ratio 8. Operating-cash-flow-to-current-liabilities ratio (2015, current liabilities million) 9. Accounts receivable turnover (2015, accounts receivable = $1,386.7 million) 10. Average collection period 11. Inventory turmover (2015, inventory= 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 (Use year-end adjusted closing stock price of $57.32 for 2017 and $63.69 for 2016.) 18. Dividend yield 19. Dividend payout ratio Comment briefly on the changes from fiscal 2016 to fiscal 2017 in the ratios computed abov $4,890.1 %3D $1,540.9 million) b. EYK14-6. Accounting Communication Activity Pete Hollingsworth is currently taking an accountir course and is confused about what his professor told the class about analyzing financial statement Pete would like you to lead a study session on the topic. In order to help everyone out, you decie to write a short memo describing some of the key points. Cover Financial Statements Notes to Financial Statements Accounting Policies Notes Tables Notes Details 12 Months Ended STATEMENTS OF CASH FLOWS - USD ($) CONSOLIDATED S in Millions May 27, 2018 May 28, 2017 May 29, 2016 Cash Flows - Operating Activities Net eanings, including earnings attributable to redeemable and noncontrolling interests $ 1,738.8 $ 1,701.1 $2,163.0 Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation and amortization After-tax earnings from joint ventures Distributions of earnings from joint ventures Stock-based compensation Deferred income taxes 618.8 603.6 808.1 (84.7) (85.0) (88.4) 113.2 75.6 75.1 77.0 95.7 89.8 (504.3) (31.8) 183.9 120.6 Pension and other postretirement benefit plan contributions Pension and other postretirement benefit plan costs Divestitures loss (gain) Restructuring, impairment, and other exit costs Changes in current assets and liabilities, excluding the effects of acquisitions and divestitures (45.4) (47.8) 4.6 35.7 118.1 0.0 13.5 (148.2) 126.0 117.0 107.2 542.1 (194.2) 298.5 Other, net (182.9) 2,841.0 (86.3) 2,415.2 (105.6) 2,764.2 Net cash provided by operating activities Cash Flows - Investing Activities Purchases of land, buildings, and equipment Acquisitions, net of cash acquired Investments in affiliates, net Proceeds from disposal of land, buildings, and equipment (684.4) (822.7) (8.035.8) (17.3) (729.3) (84.0) 63.9 0.0 3.3 1.4 4.2 4.4 Proceeds from divestitures 0.0 17.5 828.5 Exchangeable note 0.0 13.0 21.1 (11.0) (8,885.4) (11.2) 93.4 Other, net (0.5) (846.9) Net cash provided (used) by investing activities Cash Flows - Financing Activities Change in notes payable Issuance of long-term debt Payment of long-term debt Proceeds from common stock issued on exercised options Proceeds from common stock issued Purchases of common stock for treasury Dividends paid Distributions to noncontrolling and redeemable interest holders Other, net Net cash provided (used) by financing activities Effect of exchange rate changes on cash and cash equivalents Increase (decrease) in cash and cash equivalents 327.5 962.4 (323.8) 6,550.0 1,072.1 542.5 (1,000.0) (1,000.4) (800.1) 99.3 112.6 171.9 969.9 0.0 0.0 (806.7) (1.071.7) (84.3) (47.5) (2,420.0) (8.1) (801.6) (1.139.7) (51.8) (108.0) (1,651.5) (1.135.1) (61.0) (46.9) (1.747.4) (18.5) 5,445.5 31.8 (367.1) 760.1 2.4 429.5 Cash and cash equivalents - beginning of year Cash and cash equivalents - end of year Cash Flow from Changes in Current Assets and Liabilities, excluding effects of acquisitions and divestitures: 763.7 334.2 399.0 766.1 763.7 Receivables (122.7) (69.2) (61.5) (6.9) (148. 1) (0.1) Inventories 15.6 Prepaid expenses and other current assets Accounts payable (10.7) 16.6 575.3 99.5 318.7 (179.6) $ (194.2) Other current liabilities 84.6 132.9 $ 542.1 $ 298.5 Changes in current assets and liabilities EYK 14-5 Accounting Research Problem: General Mills Inc NOTE: Some ratios are expressed in percents while others are numbers. For example Gross Profit and Return on Sales is expressed in a percent while Current Ratio and Accounts Receivable Turnover is expressed in a number - there is a difference between how they are expressed. Exhibit 14-5 would probably be helpful. CARRY OUT TWO DECIMAL First two complements of the house. PLACES. PART A Gross Profit Percentage 5,563.8 / 15,619.8 2017 35.60% 5,829.5 / 16,563.1 2016 35.20% Return on Sales 10.9% 1,701.1 / 15,619.8 2017 2016 1,736.8 / 16,563.1 10.5% Asset Turnover 2017 2016 Return on Assets 2017 2016 Return on common stockholders equity 2017 2016 Current Ratio 2017 2016 Quick Ratio 2017 2016 Quick Ratio 2017 2016 Operating cash flow to current liabilities ratio 2017 2016 Accounts Receivable Turnover 2017 2016 10 Average collection period 2017 2016 11 Inventory Turnover 2017 2016 12 Days' Sales in Inventory 2017 2016 13 Debt to Equity Ratio 2017 2016 Times interest earned ratio 14 2017 2016 15 Operating cash flow to capital expenditures ratio 2017 2016 14 Times interest earned ratio 2017 2016 15 Operating cash flow to capital expenditures ratio 2017 2016 Earnings per share 16 2017 2016 17 Price earnings ratio 2017 2016 18 Dividend Yield 2017 2016 Dividend payout ratio 19 2017 2016 $1.69 $0.68 $0.42 $0.35 $0.50 Earnings per common share Dividend per common share. $0.60 Fefore accounting change Required Calculate the dividend payout ratio for each company for each of the five years. b. Companies may differ in their dividend policy; that is, they may differ in whether they em phasize a constant dividend amount per share, a steady growth in dividend amount per share a target or constant dividend payout ratio, or some other criterion. Based on the data available identify what appears to be each of the above firms' dividend policy over the five-year period a. RITICAL THINKING YK14-5. Accounting Research Problem: General Mills, Inc. The fiscal year 2017 annual report of Gen eral Mills, Inc, is available on this book's web site. Required Calculate (or identify) the following financial ratios for 2016 and 2017: 1. Gross profit percentage a. 2. Return on sales 3. Asset turnover (2015, total assets= $21,832.0 million) 4. Return on assets (2015, total assets = $21,832.0 million) 5. Retum on common stockholders' equity (2015, total stockholders' equity $4,996.7 million) = 6. Current ratio 7. Quick ratio 8. Operating-cash-flow-to-current-liabilities ratio (2015, current liabilities million) 9. Accounts receivable turnover (2015, accounts receivable = $1,386.7 million) 10. Average collection period 11. Inventory turmover (2015, inventory= 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 (Use year-end adjusted closing stock price of $57.32 for 2017 and $63.69 for 2016.) 18. Dividend yield 19. Dividend payout ratio Comment briefly on the changes from fiscal 2016 to fiscal 2017 in the ratios computed abov $4,890.1 %3D $1,540.9 million) b. EYK14-6. Accounting Communication Activity Pete Hollingsworth is currently taking an accountir course and is confused about what his professor told the class about analyzing financial statement Pete would like you to lead a study session on the topic. In order to help everyone out, you decie to write a short memo describing some of the key points. Cover Financial Statements Notes to Financial Statements Accounting Policies Notes Tables Notes Details 12 Months Ended STATEMENTS OF CASH FLOWS - USD ($) CONSOLIDATED S in Millions May 27, 2018 May 28, 2017 May 29, 2016 Cash Flows - Operating Activities Net eanings, including earnings attributable to redeemable and noncontrolling interests $ 1,738.8 $ 1,701.1 $2,163.0 Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation and amortization After-tax earnings from joint ventures Distributions of earnings from joint ventures Stock-based compensation Deferred income taxes 618.8 603.6 808.1 (84.7) (85.0) (88.4) 113.2 75.6 75.1 77.0 95.7 89.8 (504.3) (31.8) 183.9 120.6 Pension and other postretirement benefit plan contributions Pension and other postretirement benefit plan costs Divestitures loss (gain) Restructuring, impairment, and other exit costs Changes in current assets and liabilities, excluding the effects of acquisitions and divestitures (45.4) (47.8) 4.6 35.7 118.1 0.0 13.5 (148.2) 126.0 117.0 107.2 542.1 (194.2) 298.5 Other, net (182.9) 2,841.0 (86.3) 2,415.2 (105.6) 2,764.2 Net cash provided by operating activities Cash Flows - Investing Activities Purchases of land, buildings, and equipment Acquisitions, net of cash acquired Investments in affiliates, net Proceeds from disposal of land, buildings, and equipment (684.4) (822.7) (8.035.8) (17.3) (729.3) (84.0) 63.9 0.0 3.3 1.4 4.2 4.4 Proceeds from divestitures 0.0 17.5 828.5 Exchangeable note 0.0 13.0 21.1 (11.0) (8,885.4) (11.2) 93.4 Other, net (0.5) (846.9) Net cash provided (used) by investing activities Cash Flows - Financing Activities Change in notes payable Issuance of long-term debt Payment of long-term debt Proceeds from common stock issued on exercised options Proceeds from common stock issued Purchases of common stock for treasury Dividends paid Distributions to noncontrolling and redeemable interest holders Other, net Net cash provided (used) by financing activities Effect of exchange rate changes on cash and cash equivalents Increase (decrease) in cash and cash equivalents 327.5 962.4 (323.8) 6,550.0 1,072.1 542.5 (1,000.0) (1,000.4) (800.1) 99.3 112.6 171.9 969.9 0.0 0.0 (806.7) (1.071.7) (84.3) (47.5) (2,420.0) (8.1) (801.6) (1.139.7) (51.8) (108.0) (1,651.5) (1.135.1) (61.0) (46.9) (1.747.4) (18.5) 5,445.5 31.8 (367.1) 760.1 2.4 429.5 Cash and cash equivalents - beginning of year Cash and cash equivalents - end of year Cash Flow from Changes in Current Assets and Liabilities, excluding effects of acquisitions and divestitures: 763.7 334.2 399.0 766.1 763.7 Receivables (122.7) (69.2) (61.5) (6.9) (148. 1) (0.1) Inventories 15.6 Prepaid expenses and other current assets Accounts payable (10.7) 16.6 575.3 99.5 318.7 (179.6) $ (194.2) Other current liabilities 84.6 132.9 $ 542.1 $ 298.5 Changes in current assets and liabilities EYK 14-5 Accounting Research Problem: General Mills Inc NOTE: Some ratios are expressed in percents while others are numbers. For example Gross Profit and Return on Sales is expressed in a percent while Current Ratio and Accounts Receivable Turnover is expressed in a number - there is a difference between how they are expressed. Exhibit 14-5 would probably be helpful. CARRY OUT TWO DECIMAL First two complements of the house. PLACES. PART A Gross Profit Percentage 5,563.8 / 15,619.8 2017 35.60% 5,829.5 / 16,563.1 2016 35.20% Return on Sales 10.9% 1,701.1 / 15,619.8 2017 2016 1,736.8 / 16,563.1 10.5% Asset Turnover 2017 2016 Return on Assets 2017 2016 Return on common stockholders equity 2017 2016 Current Ratio 2017 2016 Quick Ratio 2017 2016 Quick Ratio 2017 2016 Operating cash flow to current liabilities ratio 2017 2016 Accounts Receivable Turnover 2017 2016 10 Average collection period 2017 2016 11 Inventory Turnover 2017 2016 12 Days' Sales in Inventory 2017 2016 13 Debt to Equity Ratio 2017 2016 Times interest earned ratio 14 2017 2016 15 Operating cash flow to capital expenditures ratio 2017 2016 14 Times interest earned ratio 2017 2016 15 Operating cash flow to capital expenditures ratio 2017 2016 Earnings per share 16 2017 2016 17 Price earnings ratio 2017 2016 18 Dividend Yield 2017 2016 Dividend payout ratio 19 2017 2016