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Current Attempt in Progress Suppose the following information was taken from the 2022 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions)

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Current Attempt in Progress Suppose the following information was taken from the 2022 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions) Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts Sales revenue Total current assets 2022 $3,610 3,200 410 37.125 7.178 2021 $4.580 4.300 280 39,625 7,252 Answer each of the following questions. (a) Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx. (Round answers to 1 decimal place, eg. 12.5. Use 365 days for calculation) times Accounts receivable turnover The average collection period for 2022 days e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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