Kimmel, Accounting, 6e NEXT Exercise 8-14 (Part Level Submission) the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company 2016 Accounts receivable (gross) $3,302 4,396 4,367 29 32,226 39,472 6,758 6,532 Accounts receivable (net) 3,273 Allowance for doubtful accounts 29 Sales revenue Total current assets Answer each of the following questions (a) Calculate the accounts receivable turnover and the average collection period for 2017 for FedEx Corporation. (Round answers to1 decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover times The average collection period for 2017 days 3:32 PM