Access the fiscal year 2017 annual report of General Mills, Inc., available on this book's Website.

Required

a. What was the amount of total Accounts Receivables and the Allowance for Doubtful Accounts at the end of fiscal-year 2017 and 2016? This information can be found in Note 17.

b. What percent of total accounts receivables was the allowance for doubtful accounts at the end of 2017 and \(2016 ?\)

c. Calculate the accounts receivable turnover and the average collection period for General Mills for 2017 and 2016. (For purposes of calculating the accounts receivable turnover, use the ending total accounts receivable balance [net] as the denominator rather than the average total accounts receivable \([\) est].)

d. Comment on whether General Mills' management of accounts receivable improved (or not) over the two-year period.