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Recent financial statements of General Mills, Inc. report net sales of $12,878,981,000. Accounts receivable are...

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Recent financial statements of General Mills, Inc. report net sales of $12,878,981,000. Accounts receivable are $329,744,000 at the beginning of the year and $978,913,000 at the end of the year. (21) Your answer is correct. Compute General Mills' accounts receivable turnover (Round answer to 2 decimal places, e.g. 15.25.) Accounts receivable turnover 13.09 times a2) * Your answer is incorrect. Compute General Mills' average collection period for accounts receivable in days. (Round answer to 2 decimal places, e.g. 15.25.) Average collection period 27.74 days eTextbook and Media Save for Later Attempts: 2 of 3 used Submit

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