Question
The fiscal year 2017 annual report of General Mills, Inc. can be found at https://investors.generalmills.com/financial-information/annual-reports/default.aspx. Refer to the consolidated balance sheet, and Note 8. Required:
The fiscal year 2017 annual report of General Mills, Inc. can be found at
https://investors.generalmills.com/financial-information/annual-reports/default.aspx.
Refer to the consolidated balance sheet, and Note 8.
Required:
a. What was the total dollar amount of current liabilities as of May 28, 2017?
b. What percent of long-term debt was considered current as of May 28, 2017?
c. What is the total amount of long-term liabilities reported by General Mills as of May 28,
2017?
d. How much principal payments on the long-term debt is General Mills anticipating paying in
fiscal years 2018 and 2019 respectively?
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