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Calculate each company''s accounts receivable turnover

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Reference no: EM131802710

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 company's accounts receivable turnover. (Round answers to 1 decimal place, e.g. 50.1.)

Reference no: EM131802710

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