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need help with the following. please provide formulas B E F G H M A D 1 Function: AVERAGE; Formula: Divide; Cell Referencing 2 3

need help with the following. please provide formulas

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B E F G H M A D 1 Function: AVERAGE; Formula: Divide; Cell Referencing 2 3 Using Excel to Assess Accounts Receivable 4 PROBLEM 5 The 2022 financial statements of 3M Company reported the following 6 amounts. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use the AVERAGE function with cell references in calculating the turnover. Use cell references with mathematical formulas to calculate the average collection period. 7 8 $ 23.1 billion 9 Net sales Accounts receivable, net Beginning of year End of year Compute 3M's accounts receivable turnover and the average collection period in days. 10 3.20 billion 3.25 billion 11 12 Accounts receivable turnover 13 14 Average collection period 15 16 17

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