Business, 14.06.2021 15:40 amahar4000
Suppose the amounts presented here are basic financial information (in millions) from the 2020 annual reports of Nike and adidas.
Nike
adidas
Sales revenue $19,795.3 $10,675
Allowance for doubtful accounts, beginning 77.2 112
Allowance for doubtful accounts, ending 104.1 134
Accounts receivable balance (gross), beginning 2,884.3 1,740
Accounts receivable balance (gross), ending 2,952.8 1,556
(a1)
Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e. g. 12.5.)
Nike
adidas
Accounts receivable turnover times times
Answers: 3
Business, 22.06.2019 18:50
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Answers: 2
Business, 23.06.2019 13:00
What three important pieces of information can we learn by reading a production possibilities gragh?
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Suppose the amounts presented here are basic financial information (in millions) from the 2020 annua...
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