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calculate the accounts recievable turn over for both companies Suppose the amounts presented here are basic financial information (in millions) from the 2025 annual reports
calculate the accounts recievable turn over for both companies
Suppose the amounts presented here are basic financial information (in millions) from the 2025 annual reports of Nike and adidas. Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending Nike $20,980.0 78.0 120.0 2,666.0 2,777.0 adidas 11,632.0 114 122 1,671 1,473 Calculate the accounts re&ivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover Nike times adidas times
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