Question: Suppose the amounts presented here are basic financial information (in millions) from the 2025 annual reports of Nike an Nike adidas Sales revenue $18,455.5
Suppose the amounts presented here are basic financial information (in millions) from the 2025 annual reports of Nike an Nike adidas Sales revenue $18,455.5 10,493.0 Allowance for doubtful accounts, beginning 71.0 128 Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending 118.0 132 2,673.0 1,721 2,789.0 1,537 (a1) Your answer is incorrect. Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover eTextbook and Media Nike 3.5 times adidas times
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