The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc.
Kellogg
|
General Mills
|
Sales revenue |
$13,198 |
$16,658 |
Average accounts receivable balance |
$1,189 |
$1,243 |
(a) Calculate each company's accounts receivable turnover. (Round answers to 1 decimal place, e.g. 50.1.)