Problem 8-09A Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending Nike $18,891.7 82.0 100.0 Adidas $9,491.6 121.0 123.0 1,778.0 1,578.0 3,127.0 3,249.0 Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas times Accounts receivable turnover times 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: Open Show Work Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER G SAMSUNG