Question: Please answer problem #6 part B, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Suppose the 2022 financial statements of 3M Company report net

Please answer problem #6 part B, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!
Please answer problem #6 part B, SHOWING ALL WORK ACCORDINGLY ON ALL
PARTS. Thank you! Suppose the 2022 financial statements of 3M Company report

Suppose the 2022 financial statements of 3M Company report net sales of $ 22.2 billion. Accounts receivable (net) are $ 29 billion at the beginning of the year and $3.02 billion at the end of the year. (a 1) Your answer is correct. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, eg. 12.5.) Accounts receivable turnover ratio 7.5 times eTextbook and Media List of Accounts Compute 3M's average collection period for accounts receivable in days. (Round answer to 1 decimal place, eg. 12.5. Use 365 days for calculation) Average collection period days

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