Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike ane Nike Adidas Sales revenue $20,945.7 $10,841.0 Allowance for doubtful accounts, beginning 83.0 110.0 Allowance for doubtful accounts, ending 107.0 113.0 Accounts receivable balance (gross), beginning 2,865.0 1,676.0 Accounts receivable balance (gross), ending 2,986.0 1,477.0 (a1) 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 7.4 times 7.4 times Accounts receivable turnover 7.4 times 7.4 times e Textbook and Media (a2) X Your answer is incorrect. Calculate the average collection period for both companies. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days Nike Adidas Average collection period 7.4 days I 7.4 days e Textbook and Media Save for Later