Problem 8-09A (Part Level Submission) Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Adidas $ 20,980.0 $11,632.0 78.0 114.0 Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending 120.0 122.0 2,666.0 2,777.0 1,671.0 1,473.0 (al) Your answer is correct. Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas Accounts receivable turnover 8 times 8 times Click if you would like to Show Work for this question: Open Show Work (a2) Calculate the average collection period for both companies. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Nike Adidas Average collection period days days Click if you would like to Show Work for this question: Modify Show Work LINK TO TEXT