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Suppose the amounts presented here are basic financial Information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Adidas Sales revenue $18,577,0

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Suppose the amounts presented here are basic financial Information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Adidas Sales revenue $18,577,0 $10,738.0 Allowance for doubtful accounts, beginning 84.0 116.0 Allowance for doubtful accounts, ending 119.0 119.0 2,899.0 1,871.0 Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending 3,020.0 1,668.0 al) Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, 68. 12.50 Adidas Nike times times Accounts receivable turnover e Textbook and Media Submit Ar Attempts: 0 of 3 used Save for Later

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