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Using Excel to Assess Accounts Recelvable PROBLEM The 2022 financial statements of 3M Company reported the following amounts. Net sales Accounts receivable, net Beginning of

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Using Excel to Assess Accounts Recelvable PROBLEM The 2022 financial statements of 3M Company reported the following amounts. Net sales Accounts receivable, net Beginning of year Find of year Student Work Area Required: Provide input into cells shaded in yellow in this template. Use the AVERAGE function with cell references in calculating the turnover. Use cell references with mathernatical formulas to calculate the average collection period. Compute 3M 's accounts receivable turnover and the average collection period in days. Accounts receivable turnover Average collection period

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