Brief Exercise 8-12 The financial statements of Minnesota Mining and Manufacturing Company (3M) report net sales of $20.0 billion. Accounts receivable (net) are $2.7 billion at the beginning of the year and $2.8 billion at the end of the year. Assume all sales were on credit Compute 3M's accounts recevable turnover. (Round answer to 1 decimal place, e.g. 2.5.) Accounts Receivable Turnover times LINK TO TEXT VIDEO TUTORIAL Compute 3M's average collection period for accounts receivable in days. (Round answer to o decimal places, e.g. 50. Use 365 days for calculation.) ly Average Collection Period days Click if you would like to Show Work for this question: Open Show Work VIDEO TUTORIAL