$($a$2)$

Compute General Mills' average collection period for accounts receivable in days. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.$ Use $365$ days for calculation.$)$

Average collection period $$ days

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Recent financial statements of General Mills, Inc. report net sales of $$12,798,896,000.$ Accounts receivable are $$961,900,000$ at the beginning of the year and $$961,300,000$ at the end of the year.

$($a$1)$

Your answer is correct.

Compute General Mills' accounts receivable turnover. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Accounts receivable turnover $$ times

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Attempts: $1$ of $3$ used