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Would expect nike to have higher or lower account receivable

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Question 1: Nike and Under Armour both sell sports apparel. Nike has a May 31 year end while Under Armour has a December 31 year end. For both companies, shipments to sporting goods retailers occur mostly in December. Both companies offer 60-day credit terms to retailers. Based on reported information from each company's annual report, all else equal, would you expect Nike to have a (1) higher or lower Accounts Receivable Turnover and (2) higher or lower Days to Collect than Under Armour? Explain briefly.

Reference no: EM132489205

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