Business, 23.04.2020 01:01, teseladavisp07jif

Suppose the 2014 financial statements of 3M Company report net sales of $21.9 billion. Accounts receivable (net) are $3.43 billion at the beginning of the year and $3.51 billion at the end of the year.1?Compute 3M’s receivable turnover. (Round answers to 1 decimal place, e. g. 12.5.)Accounts receivable turnover ratio Suppose the 2014 financial statements of 3M Ctimes2)Compute 3M’s average collection period for accounts receivable in days. (Round answer to 1 decimal place, e. g. 12.5. Use 365 days for calculation.)Average collection period Suppose the 2014 financial statements of 3M Cdays

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Suppose the 2014 financial statements of 3M Company report net sales of $21.9 billion. Accounts rece...