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The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc.

Kellogg General Mills

Sales revenue $13,198 $16,658

Average 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 turnover

Kellogg times

General Mills times

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91970393

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