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Suppose the 2025 financial statements of 3M Company...

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Accounting

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Suppose the 2025 financial statements of 3M Company report credit sales of $22.00 billion. Accounts receivable (net) are $2.40 billion at the beginning of the year and $2.60 billion at the end of the year. (a1) Your answer is correct. Compute 3M 's accounts receivable turnover. (Round answer to 1 decimal place, es. 12.5.) Accounts receivableturnover Compute 3M 's awerage collection period for accounts receivable in days. (Round answer to 1 decimal place, es, 12.5. Use 365 doys for calculation.) Average collection period days

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