Recent financial statements of adidas (DEU) report net sales of 10,799 million. Accounts receivable are 1,459 million

Question:

Recent of adidas (DEU) report net sales of €10,799 million. are €1,459 million at the beginning of the year and €1,624 million at the end of the year. Compute adidas's turnover. Compute adidas's average collection period for in days.
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... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...