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Suppose the amounts presented here are basic financial information ( in millions ) from the 2 0 2 2 annual reports of Nike and Adidas.Sales

Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas.Sales revenueNikeAdidas$18,304.0$10,3515Allowance for doubtful accounts, beginning78.0120Allowance for doubtful accounts, ending114.0124Accounts receivable balance (gross), beginningAccounts receivable balance (gross), ending2,858.01,7602,966.01,574(a1)Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e g.12.5.)NikeAdidasAccounts receivable turnovertimestimes
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