The table below contains selected financial information included in the 2015 financial statements of Tyson Foods Inc.

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The table below contains selected financial information included in the 2015 financial statements of Tyson Foods Inc. and Pilgrim's Pride Corp.
The table below contains selected financial information included in the

Required:
1. Calculate the 2015 receivables turnover ratio and average collection period for both companies. Evaluate the management of each company's investment in receivables.
2. Obtain annual reports from three corporations in the same primary industry and compare the management of each company's investment in receivables.
You can obtain copies of annual reports from your library, from the investor relations department of the corporations, or from EDGAR (Electronic Data Gathering, Analysis, and Retrieval) on the Internet (www.sec.gov).

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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