Question: Current Attempt in Progress Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike

 Current Attempt in Progress Suppose the amounts presented here are basic

Current Attempt in Progress Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Adidas Sales revenue $18,455.5 $10,493.0 Allowance for doubtful accounts, beginning 71.0 128.0 Allowance for doubtful accounts, ending 118.0 132.0 Accounts receivable balance (gross), beginning 2,673.0 1,721.0 Accounts receivable balance (gross), ending 2,789.0 1,537.0 (a1) Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.)

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