LIQUIDITY ALERT: General Mills’ Current Deficit Down to US$71.1MM

General Mills, Inc., and its subsidiaries’ consolidated balance sheet at May 31, 2009, showed current assets of US$3.5 billion and current liabilities of US$3.6 billion, resulting in a working capital…

LIQUIDITY ALERT: General Mills’ Current Deficit Drops by 89%

General Mills, Inc.’s working capital deficit decreased by 89%, from US$1.236 billion at May 25, 2008 to US$139.20 million at Feb. 22, 2009.

The Company reported US$3.888 billion in current assets…