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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) 2022 2021 Accounts receivable (gross) $3,750 $4,610 Accounts receivable (net) 3,400 4,350 Allowance for doubtful accounts 350 260 Sales revenue 31,775 34,275 Total current assets 7,168 7,318 Answer each of the following questions. Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover times The average collection period for 2022 days e Textbook and Media Save for Later Attempts: 0 of 10 used Submit

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