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Presented Here Is Basic Financial Information (In Millions) from the Annual

Question 150

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Presented here is basic financial information (in millions) from the annual reports of Nike and Adidas. Presented here is basic financial information (in millions) from the annual reports of Nike and Adidas. Instructions Calculate the accounts receivable turnover and average collection period for both companies. Comment on the difference in their collection experiences. Instructions
Calculate the accounts receivable turnover and average collection period for both companies. Comment on the difference in their collection experiences.

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