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AP 14 Not complete Marked out of 11.00 Pag question Compute Cash Conversion Cycle for Competing Firms Kellogg's Company and General Mills compete in the

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AP 14 Not complete Marked out of 11.00 Pag question Compute Cash Conversion Cycle for Competing Firms Kellogg's Company and General Mills compete in the consumer packaged goods (CPG) sector, Refer to the following 2018 financial data for the two companies to answer the requirements GIS Smillions Total revenue Cost of sales and services Neate accounts receivable 020 103129 13820 1.557.2 1.2735 1,562 2.406.7 2.4933 Avere accounts payable a. Compute the following measures for both companies Note: Do not round until your final answers. Round your finanswers to two decimal places (for example, enter 6.78 for 6.775555). GIS Dan outstand 2 Days inventory outstanding 3 Days and b. Which company better manages ts accounts receivable? Which company tesnentory more eff centy Average accounts receivable Average inventory Average accounts payable 1,382.0 1,273,5 2.406.7 1.557.2 1.562.9 2.493.8 a. Compute the following measures for both companies. Note: Do not round until your final answers. Round your final answers to two decimal places (for example, enter 6.78 for 6.775555). K GIS 1. Days sales outstanding (DSO) 2. Days inventory outstanding (IO) 3. Days payables outstanding (DPO) 4. Cash conversion cycle (CCC)

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