Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (grass), beginning Accounts receivable balance (grass), ending 121.0 2,7610 2.881.0 x Your answer is incorrect. Try again. Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover LINK TO TEXT X] your answer is incorrect. Try again. Calculate the average collection period for both companies. (Round answ decimal place, c.9. 12.5. Use 365 days for calculation.) Average collection period LINK TO TEXT Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Sales revenue Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending Accounts receivable balance (gross), beginning Accounts receivable balance (gross), ending Nike $18,263.4 86.0 109.0 3,026.0 3,157.0 Adidas $10,266.3 115.0 117.0 1,893.0 1,705.0 (1) x Your answer is incorrect. Try again. Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas Accounts receivable turnover 2940-2994 times 1683 times LINK TO TEXT Attempts: 3 of 5 used SAVE ( 2) The parts of this question must be completed in order. This part will be available when you complete the part above