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 2017 2016 $3,368 4,683 Accounts receivable (gross) 3,242 4,392 Accounts receivable (net) 291 Allowance for doubtful accounts 126 36,395 39,677 Sales revenue 7,070 Total current assets 6,407 Answer each of the following questions. Calculate the accounts receivable turnover and the average collection period for 2017 for FedEx Corporation. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation. times Accounts receivable turnover days The average collection period for 2017 Click if you would like to Show Work for this question: O SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR EXERCISE