Exercise 8-14 (Part Level Submission) Suppose the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company. (in millions) 20172016 Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts Sales revenue Total current assets 3,3024,396 3,273 4,367 29 32,226 39,472 6,758 6,532 29 Answer each of the following questions. Calculate the accouls receivable turnover and the average collection period for 2017 for FedEx Corporation. (Round answers to t decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover The average collection period for 2017 times days