The following information was summarized from the balance sheets included in the Form 10-K for the 2015 fiscal year of Kellogg Company and Subsidiaries at January 2, 2016, and General Mills, Inc. and Subsidiaries at May 31, 2015:

Required
1. Using the information provided, compute the following for each company at the end of the 2015 fiscal years.
a. Current ratio
b. Quick ratio
2. Kellogg's reported net cash provided by operating activities of $1,691 million during 2015. General Mills reported net cash provided by operating activities of $2,542.8 million. Total current liabilities reported by Kellogg's at January 3, 2015, and General Mills at May 25, 2014, were $4,364 million and $5,423.5 million, respectively. Compute the cash flow from operations to current liabilities ratio for each company for 2015.
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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in millions) Kellogg's s 251 1,344 General Mills Cash and cash equivalents Accounts receivable, net nventories Deferred income taxes Prepaid expenses and other curent assets 334.2 1,386.7 1,540.9 100.1 423.8 $3,785.7 $4,890.1 391 $3,236 Total current assets Total current liabilities Described as 'receivables" by General Mills. Described as "other current assets" by Kellogg's.