P8.8 (LO 4) Suppose the amounts presented here are basic financial information (in millions) from the COS Os bloot 2020 annual reports of Nike (USA) and adidas (DEU). mort 000 m2 bobollo nuovi Nike Ibis adidas Sales revenue $19,176.1 $10,381 Allowance for doubtful accounts, beginning 2017 78.4 119 Allowance for doubtful accounts, ending 100 biss 110.8 124 Com Accounts receivable balance (gross), beginning 2,873.7 Accounts receivable balance (gross), ending 2,994.7 1,553 itement Instructions DomoOSOS to ad o dab bra Calculate the accounts receivable turnover and average collection period for both companies. Comment on the difference in their collection experiences. 1,743 mizub