Question: Problem 8-9A (Part Level Submission) Suppose the amounts presented here are basic financial information (in millions) from the 2017 annual reports of Nike and adidas.
Problem 8-9A (Part Level Submission) Suppose the amounts presented here are basic financial information (in millions) from the 2017 annual reports of Nike and adidas. vel adidas $19,176.1 $10,381 119 124 2,873.7 1,743 2,994.7 1,553 Nike Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning 78.4 110.8 Accounts receivable balance (gross), ending Your answer is incorrect. Try again. Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place e.g. 12.5.) times Click if you would like to Show Work for this question: Study
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