Suppose the amounts presented here are basic financial information (in millions) from the 2020 annual reports of Nike and Adidas.

Problem 8-08A a-b (Part Level Submission) Suppose the amounts presented here are basic financial information (in millions) from the 2020 annual reports of Nike and Adidas Nike Adidas Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending $18,252.8 $10,877.2 120 124 1,768 1,540 78 112 2,850 3,044 Your answer is correct Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas Accounts receivable turnover 6.4 times 7.1 times Click if you would like to Show Work for this question: Open Show Work