The following information was summarized from the balance sheets included in the Form 10-K for the 2014 fiscal year of Kellogg Company and Subsidiaries at January 3, 2015, and General Mills, Inc. and Subsidiaries at May 25,2014:

Required
1. Using the information provided, compute the following for each company at the end of the 2014 fiscal years.
a. Current ratio
b. Quick ratio
2. Kellogg's reported net cash provided by operating activities of $1,793 million during 2014. General Mills reported net cash provided by operating activities of $2,541.0 million. Total current liabilities reported by Kellogg's at December 28, 2013, and General Mills at May 26, 2013, were $3,835 million and $5,293.9 million, respectively. Compute the cash flow from operations to current liabilities ratio for each company for 2014.
3. Comment briefly on the liquidity of each of these two companies. Which appears to be more liquid?
4. What other ratios would help you more fully assess the liquidity of these companies?

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Kellogg's S 443 1,276 1,279 (in millions) General Mills Cash and cash equivalents Accounts receivable, net Inventories Deferred income taxes Prepaid expenses and other current assets S 867.3 1,483.6 1,559.4 74.1 409.1 $4,393.5 $5,423.5 Total current assets Total current liabilities 342 $3,340 $4,364