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Assume that accounts receivable at the begining of 2019 is $3,498 million. Compute the accounts receivable turnover for 2019 and 2020. Round all computations to

Assume that accounts receivable at the begining of 2019 is $3,498 million.

Compute the accounts receivable turnover for 2019 and 2020. Round all computations to two decimal places.

Compute the days sales in receivables for 2019 and 2020. Use 365 days and round your results to the nearest whole day.

What conclusions can be drawn from these analyses regarding Nikes efficiency in collecting receivables?

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