Accounts Receivable and Inventory Analyses for Kellogg's and general Mills The following information was obtained from the final year 2012 and 2011 financial statements included in Form 10-k of Kellogg Company and Subsidiaries and General Mills, Inc. and Subsidiaries. (year ends for Kellogg's are December 29, 2012, and December 31, 2011 and for general Mills are May 27, 2012, and May 29, 2011.) Assume all sales are on credit for both companies. Round your intermediate calculations and final answers to one decimal plane. Assume a 360-day year. Using the information provided, compute the following for each company for 2012; All the following are true with respect to liquidity of each of these complains EXCEPT for: General Mills, Inc. and The Kellogg's Company have the same inventory turnover ratios, leading to the same number of days' scales in inventory. The Kellogg Company has a lower cash-to-cash operating cycle than that of General Mills, Inc. General Mills, Inc. has a higher accounts receivable turnover ratio than The Kellogg Company. The Kellogg Company has a higher number of days' scales in receivables as compared to General Mills, Inc