Question
The fiscal year 2022 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 9. Required:
The fiscal year 2022 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 9.
Required:
a. What was the total dollar amount of current liabilities as of May 29, 2022?
b. What percent of long-term debt was considered current as of May 29, 2022?
c. What is the total amount of long-term liabilities reported by General Mills as of May 29, 2022?
d. How much principal payments on the long-term debt and finance lease is General Mills anticipating paying in fiscal years 2023 and 2024 respectively?
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