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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
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 companys 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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