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Calculate accounts receivable turnover for both companies Question 9 of 10 0/10 Suppose the amounts presented here are basic financial information (in millions) from the
Calculate accounts receivable turnover for both companies Question 9 of 10 0/10 Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and adidas Nike adidas $23,872.8 $12.936 772 107 Sales revenue (credit sales) Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending 106.8 128 2,870.1 1,760,0 1.555 2.997.9 (11) (21) Your answer is incorrect. Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, es. 12.5 Nike adidas Accounts receivable turnover 1 times times e Textbook and Media Save for Later Attempts: 2 of 3 used Submit
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