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.

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

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

Kelloggs

Accounts receivable turnover ratio: _____times

Number of days' sales in receivables: _____days

Inventory turnover ratio: _____times (I already know that this ANSWER is 6.9)

Number of days' sales in inventory: _____days

Cash-to-cash operating cycle: _____days

General Mills

Accounts receivable turnover ratio: _____times

Number of days' sales in receivables: _____days

Inventory turnover ratio: _____times (this ANSWER is also 6.9)

Number of days' sales in inventory: _____days

Cash-to-cash operating cycle: _____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