question archive The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc
The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc
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The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc.KelloggGeneral MillsSales revenue$13,198$16,658Average accounts receivable balance$1,189$1,243(a) Calculate each company’s accounts receivable turnover. (Round answers to 1 decimal place, e.g. 50.1.)Accounts receivable turnoverKellogg timesGeneral Mills times.
