Question: Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas Nike Adidas Sales revenue $18,800.2
Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas Nike Adidas Sales revenue $18,800.2 $9,613.8 Allowance for doubtful accounts, beginning 78.0 120 Allowance for doubtful accounts, ending 112.0 126 Accounts receivable balance (gross), beginning 2.842.0 1,718 Accounts receivable balance (gross), ending 2.960.0 1.580 (a 1) Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas Accounts receivable times times turnover e Textbook and Media Attempts: 0 of 5 used Submit Answer Save for Later (a2) The parts of this question must be completed in order. This part will be available when you complete the part above
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