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Please answer Questions A Suppose the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company (in millions)
Please answer Questions A
Suppose the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company (in millions) 2017 2016 Accounts receivable (gross) $ 3,637 $4,712 Accounts receivable (net) 3,336 4,137 Allowance for doubtful accounts 301 575 Sales revenue 31,950 34,549 Total current assets 7,795 6,720 Answer each of the following questions. Incorrect answer. Your answer is incorrect. Try again. Calculate the accounts receivable turnover and the average collection period for 2017 f FedEx Corporation. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Entry field with incorrect answer Accounts receivable turnover times The average collection period for 2017 Entry field with incorrect
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