Question: Question 4 Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike $17,897.6 75.0

Question 4 Suppose the amounts presented here are basic financial information

Question 4 Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike $17,897.6 75.0 Adidas $9,606.4 112.0 Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending 120.0 115.0 2,828.0 2,960.0 1,716.0 1,513.0 (al) 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

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