Question 7 The financial statements of Minnesota Mining and Manufacturing Company (3M) (USA) report net sales of $20.0 billion. Accounts receivable (net) are $2.7 billion at the beginning of the year and $2.8 billion at the end of the year. Compute 3M's accounts receivables turnover ratio. (Round answer to 1 decimal place, e.g. 2.5.) Accounts Receivable Turnover Ratio times Compute 3M's average collection period for accounts receivable in days. Average Collection Period days