Function: AVERAGE; Formula: Divide; Cell Referencing Using Excel to Assess Accounts Receivable PROBLEM The 2022 financial statements of 3M Company reported the following amounts. 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 mathematical formulas to calculate the average collection period. $ 23.1 billion Net sales Accounts receivable, net Beginning of year End of year Compute 3M's accounts receivable turnover and the average collection period in days. 3.20 billion 3.25 billion Accounts receivable turnover Average collection period