Not Graded Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the financial ratios for 2020 and 2019 indicated using the EXCEL template provided:1. Gross profit percentage2. Return on sales3. Asset turnover 4. Return on assets5. Return on common stockholders’ equity6. Current ratio7. Quick ratio8. Operating-cash-flow-to-current-liabilities ratio9. Accounts receivable turnoverTotal assets 2020 = $30,806.7Total stockholders’ equity 2020 = $8,349.5Total current liabilities 2020 = $7,491.5Accounts receivable 2020 = $1,615.1Inventory 2020 = $1,426.3Year-end closing stock price May 2020 = $58.80Year-end closing stock price May 2019 = $53.56 Percentages and Ratios2019 (a)2018201720162015 (b)Operating data:Net salesS 16,865.25,756.8$ 15,740.45,435.6S 15,619.85,567.8$ 16,563.15,843.3S 17,630.3Gross margin (c) (d)Selling, general, and administrativeexpenses (d)Operating profit (d)Net earnings attributable to General MillsAdvertising and media expenseResearch and development expenseAverage shares outstanding:Diluted5,967.82,935.82,515.91,752.7601.63,389.92,071.81,221.3823.1229.42,850.12,419.92,131.0575.9219.12,888.82,492.11,657.5623.8218.23,141.42,719.11,697.4754.4222.1221.9605.4585.7598.0611.9618.8Earnings per share:Diluted2.903.223.643.112.773.082.772.921.972.86Adjusted diluted (c) (e)Operating ratios:Gross margin as a percentage of netsales (d)Selling, general, and administrativeexpenses as a percentage of netsales (d)34.1%34.5%35.6%35.3%33.8%17.4%18.1%18.5%19.0%19.2%Operating profit as a percentage of netsales (d)14.9%15.4%16.0%16.4%11.8%Adjusted operating profit as a percentageof net sales (c) (d) (e)16.9%17.7%16.6%2.7%17.6%28.8%16.8%31.4%15.7%Effective income tax rateBalance sheet data:33.3%$ 3,787.230,111.2$ 3,783.321,832.0Land, buildings, and equipmentTotal assetsLong-term debt, excluding currentportionTotal debt (c)4,047.230,624.03,687.721,812.63,743.621,712.311,624.814,490.012,668.715,818.67,642.99,481.77,057.78,430.97,575.39,191.5Cash flow data:Net cash provided by operatingactivities ()Саpital expenditures2,807.0537.62,841.0622.72,415.2684.42,764.2729.32,648.5712.4Free cash flow (c)2,269.42,218.31,730.82,034.91,936.IShare data:Cash dividends per common share(a) In fiscal 2018, we acquired Blue Buffalo. Please see Note 3 to the Consolidated Financial Statements in Item 8 of this report.(b) Fiscal 2015 was a 53-woek year, all other fiscal years were 52 weeks.(c) Please see "Glossary" in ltem 8 of this report for definition.(d) In the first quarter of fiscal 2019, we retrospectively adopted new accounting requirements related to the presentation of net periodic definedbenefit pension expense, net periodic postretirement benefit expense, and net periodic postemployment benefit expense. Please see Note 2 tothe Consolidated Financial Statements in Item 8 of this report.(e) Please see "Non-GAAP Measures" in Item 7 of this report for our discussion of this measure not defined by generally accepted accounting1.961.961.921.781.67aS

Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or strategist to read the company information in more detailed end accurate ways. Ratio immediately recognizes the Liquidity, Profitability, and Solvency of the company. By using ratio analysis comparison between two companies can also be done very easily and accurately.1. Ratio Analysis -