The fiscal year 2017 annual report of Gen- eral Mills, Inc. is available on this book's...

 

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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 2. Return on sales 3. Asset tumover (2015, total assets $21,832.0 million) 4. Return on assets 2015, total assets $21 832.0 million) 5. Returm 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 = $4,890.1 million) 9. Accounts receivable tumover (2015, accounts receivable S1.386.7 million) 10. Average collection period 11. Inventory turnover (2015, inventory S 540.9 million) 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 b. Comment briefly on the changes from fiscal 2016 to fiscal 2017 in the ratios computed above. a. EYN 12-1- General Mills insert the formula here 2017 2016 Gross profit percentage Return on sales Asset turnover Return on assets Return on common stockholders' equity Current ratio Quick ratio Operating cash flow to current liabilities ratio Accounts receivable turnover Average collection period Inventory turnover Days' sales in inventory Debt to equity ratio Times interest earned 9 20 Operating cash flow to capital expenditures ratio Earnings per share Price-earnings ratio Dividend yield Dividend payout ratio 21 22 23 24 25 26 27 26 b AnalysIS 29 30 31 EYK 12 1 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 2. Return on sales 3. Asset tumover (2015, total assets $21,832.0 million) 4. Return on assets 2015, total assets $21 832.0 million) 5. Returm 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 = $4,890.1 million) 9. Accounts receivable tumover (2015, accounts receivable S1.386.7 million) 10. Average collection period 11. Inventory turnover (2015, inventory S 540.9 million) 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 b. Comment briefly on the changes from fiscal 2016 to fiscal 2017 in the ratios computed above. a. EYN 12-1- General Mills insert the formula here 2017 2016 Gross profit percentage Return on sales Asset turnover Return on assets Return on common stockholders' equity Current ratio Quick ratio Operating cash flow to current liabilities ratio Accounts receivable turnover Average collection period Inventory turnover Days' sales in inventory Debt to equity ratio Times interest earned 9 20 Operating cash flow to capital expenditures ratio Earnings per share Price-earnings ratio Dividend yield Dividend payout ratio 21 22 23 24 25 26 27 26 b AnalysIS 29 30 31 EYK 12 1

Answer rating: 100% (QA)

D 1 Gross profit Gross profitNet sales 5 Return on common stockholders equity 9 Accounts receivable ... View the full answer