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Suppose the amounts presented here are basic financial information (in millions) from the 2017 annual reports of Nike and adidas Nike Sales revenue Allowance for
Suppose the amounts presented here are basic financial information (in millions) from the 2017 annual reports of Nike and adidas Nike Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending adidas $18,559 $10,674 110 128 1,866 1,665 2,843 2,971.0 ? (a) X Your answer is incorrect. Try again Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike adidas Accounts receivable turnover 6.4 times 6.0 times
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