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Question 4 Suppose the amounts presented here are basic financial information (in millions) from the 2017 annual reports of Nike and adidas. Nike adidas $18,505
Question 4 Suppose the amounts presented here are basic financial information (in millions) from the 2017 annual reports of Nike and adidas. Nike adidas $18,505 $10,484 Sales revenue Allowance for doubtful accounts, beginning 77 124 Allowance for doubtful accounts, ending 119 133 2,614 1,580 Accounts receivable balance (gross), beginning 1,400 Accounts receivable balance (gross), ending 2,746.0 (a) Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike adidas Accounts receivable turnover times times LINK TO TEXT Attempts: 0 of 5 used
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