Using your answer to FA2-3 and FA2-4, compare and analyze Year 2 common-sized income statements of Kellogg to those of General Mills.
In FA2-3 Kellogg Company produces, markets, and distributes cereal and food products including CheezIt, Coco Pops, Rice Krispies, and Pringles. The following partial income statements (in millions) were adapted from recent financial statements.

In FA2-4, General Mills Inc. produces, markets, and distributes cereal and food products including Cheerios, Wheaties, Cocoa Puffs, Yoplait, and Pillsbury branded products. The following partial income statements (in millions) were adapted from recent financialstatements.

Year 1 16,658 $14,880 5,953 S 2,563 2,774 Year 2 Sales Cost of sales Gross profit Operating expenses Operating income 8,927) (10.613) S 6,045 (3,482) (3,179)