Question: Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Sales revenue Allowance for

Suppose the amounts presented here are basic financial information (in millions)

Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending $18,846.2 71.0 117.0 2,806.0 2,925.0 Adidas $10,893.6 113.0 129.0 1,825.0 1.621.0 (a1) Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas Accounts receivable turnover times times Save for Later Attempts: 0 of 1 used Submit

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