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Compute general mills accounts receivable turnover ratio

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Reference no: EM13511402

The financial statements of General Mills, Inc. report net sales of $5,416,000,000. Accounts receivable are $277,300,000 at the beginning of the year and $337,800,000 at the end of the year. Compute General Mills's accounts receivable turnover ratio and the average collection period for accounts receivable in days.

Reference no: EM13511402

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