Question: Suppose the amounts presented here are basic nancial information (in millions) from the 2020 annual reports of Nike and adidas. Nike adidas Sales revenue $24,041.4

Suppose the amounts presented here are basic nancial information (in millions) from the 2020 annual reports of Nike and adidas. Nike adidas Sales revenue $24,041.4 $13,090 Allowance for doubtful accounts, beginning 76.9 106 Allowance for doubtful accounts, ending 116.8 129 Accounts receivable balance (gross), beginning 2,877.9 1,758 Accounts receivable balance (gross), ending 2,972.6 1,557 Calculate the average collection period for both companies. { Round answers to 1 decimal place, (2.3. 12-5. Use 365 days for calculation.) Nike adidas Average collection days days period

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