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Calculation: According to Fedexs 2017 annual report, the operating revenue in 2017 was $70,319 million while its operating expenses were $63,282 million. Calculate the operating

  1. Calculation: According to Fedexs 2017 annual report, the operating revenue in 2017 was $70,319 million while its operating expenses were $63,282 million. Calculate the operating ratio of Fedex in 2017 (show your work).

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