Refer to the statement of cash fl ows for both Kellogg’s and General Mills for the most recent year and any other pertinent information reprinted at the back of this book. Required 1. Compute each...

Refer to the statement of cash fl ows for both Kellogg’s and General Mills for the most recent year and any other pertinent information reprinted at the back of this book. Required 1. Compute each company’s cash fl ow adequacy ratio for the most recent year. 2. What do the ratios computed in (1) tell you about each company’s cash fl ow adequacy? Which company’s ratio is higher?



May 26, 2022
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