Brief Exercise 8-11 Suppose the 2017 financial statements of 3M Company report net sales of $24.4 bilion. Accounts receivable (net) are $3.20 billion at the beginning of the year and $3.48 billion at the end of the year Compute 3M Company's receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times Compute 3M Company's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days Click if you would like to Show Work for this question: Open Show Work