Kellogg Annual Reports Link:

https://investor.kelloggs.com/financials/annual-reports/default.aspx

Kellogg 2021 Annual Report

https://s1.q4cdn.com/243145854/files/doc_financials/2021/ar/Kellogg-Company_AR_2022_Bookmarked.pdf

Kellogg 2020 Annual Report

https://s1.q4cdn.com/243145854/files/doc_downloads/2020/K_FY2020_Annual-Report.pdf

Kellogg 2019 Annual Report

https://s1.q4cdn.com/243145854/files/doc_financials/2019/ar/2019-Annual.pdf

PLEASE DO KELLOGGS ONLY, THE ANNUAL REPORTS ARE ATTATCHED

This project requires you to calculate ratios for General Mills Company and for Kelloggs Company for 2021, 2020 , and 2019. Then you have to compare and analyze this information. Required: 1) Calculate the following ratios for both General Mills and Kelloggs for the years 2021, 2020 and 2019. You will need to go to their websites to find the appropriate financial information (www.generalmills.com, and www.kelloggs.com). a. Current Ratio b. Quick Ratio c. Return on Equity d. Return on Assets e. Profit Margin f. Debt to Equity (or Debt to Assets - your choice) g. Times Interest Earned 2) Using the liquidity ratios calculated above, compare the two companies. Does one company show a better ability to meet obligations as they come due? Has there been a significant change in any of these ratios for one or both companies? If there has been a change, how would you interpret that change? 3) Using the profitability ratios, which management is doing more for their shareholders? Which one would you prefer to invest in? Use appropriate profitability ratios to justify your answer. Is there a trend that concerns you? 4) Assume that a major opportunity for growth occurred. Are one or both companies in a financial position where they could issue bonds payable to finance the opportunity. Use appropriate ratios to explain your answer. This project requires you to calculate ratios for General Mills Company and for Kelloggs Company for 2021, 2020 , and 2019. Then you have to compare and analyze this information. Required: 1) Calculate the following ratios for both General Mills and Kelloggs for the years 2021, 2020 and 2019. You will need to go to their websites to find the appropriate financial information (www.generalmills.com, and www.kelloggs.com). a. Current Ratio b. Quick Ratio c. Return on Equity d. Return on Assets e. Profit Margin f. Debt to Equity (or Debt to Assets - your choice) g. Times Interest Earned 2) Using the liquidity ratios calculated above, compare the two companies. Does one company show a better ability to meet obligations as they come due? Has there been a significant change in any of these ratios for one or both companies? If there has been a change, how would you interpret that change? 3) Using the profitability ratios, which management is doing more for their shareholders? Which one would you prefer to invest in? Use appropriate profitability ratios to justify your answer. Is there a trend that concerns you? 4) Assume that a major opportunity for growth occurred. Are one or both companies in a financial position where they could issue bonds payable to finance the opportunity. Use appropriate ratios to explain your