CALCULATOR FULL SCREEN Exercise 8-16 ab Suppose the following information was taken from the 2022 Anancial statements of FedEx Corporation, a major global transportation/delivery company (in millions) 2022 2021 Accounts receivable (gross) $3,760 $4,600 Accounts receivable (net) 3,350 4,350 Allowance for doubtful accounts 410 250 Sales revenue 32,725 35,225 Total current assets 7,132 Answer each of the following questions. Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx. (Round answers to I decimal place, .. 12.8. Use 365 days for calculation.) Accounts receivable turnover times The average collection period for 2022 days LINK TO TEXT LINK TO VIDEO Is accounts receivable a material component of the company's total current assets? LINK TO TEXT LINK TO VIDEO mov.Belley 2000:2020. Why..son Inc. All Rights Reserved. A Division of www.bion.in Ver