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The following information was obtained from the fiscal year 2012 & 2011 financial statements included in Form 10-K of Kellogg Company & Subsidiaries & General

The following information was obtained from the fiscal year 2012 & 2011 financial statements included in Form 10-K of Kellogg Company & Subsidiaries &General Mills, Inc. & Subsidiaries. (Year-ends for Kelloggs are December 29, 2012, & December 31, 2011 & for General Mills are May 27, 2012, & May 29, 2011.) Assume all sales are on credit for both companies.

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Using the information provided, compute the following for each company for 2012:

Required: Round your intermediate calculations & FINAL ANSWERS to one decimal place. Assume a 360-day year.

Note: here are additional screenshots of the answers Ive tried, Im not sure what Im supposed to input

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Kelloggs

Accounts receivable turnover ratio: 10.8 times

Number of days' sales in receivables: _____days (its NOT 33 or 34)

Inventory turnover ratio: 6.9 times

Number of days' sales in inventory: _____days (its NOT 52 or 53)

Cash-to-cash operating cycle: _____days (its NOT 85 or 87)

General Mills

Accounts receivable turnover ratio: 13.4 times

Number of days' sales in receivables: 27 days

Inventory turnover ratio: 6.9 times

Number of days' sales in inventory: _____days (its NOT 52 or 53)

Cash-to-cash operating cycle: 79 days

in millions) Accounts receivable, neta Inventories Net sales Cost of goods sold Kellogg's General Mills End of 2012 End of 2011 End of 2012 End of 2011 2012 2011 2012 2011 1,454 1,188 1,365 1,174 14,197 13,198 8,763 8,046 S 1,323.6 1,162.3 1,478.8 1,609.3 16,657.9 14,880.2 10,613.2 8,926.7 Described as "receivables" by General Mills. Described as "cost of sales" by General Mills

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