Question: Question 7 View Policies Current Attempt in Progress The financial statements of Minnesota Mining and Manufacturing Company (3M) report net sales of $20.0 billion. Accounts
Question 7 View Policies Current Attempt in Progress The financial statements of Minnesota Mining and Manufacturing Company (3M) report net sales of $20.0 billion. Accounts receivable (net) are $2.7 billion at the beginning of the year and $2.8 billion at the end of the year. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place. 3. 25.) Accounts Receivable Turnover times e Textbook and Media Compute M's average collection period for accounts receivable in days (Round answer to decimal places, s. 50. Us 365 days for calculation) Average Collection Period days e Textbook and Media
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