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Show your work to receive partial credit. Refer to FedEx's financial statement excerpts to answer the question: Calculate the accounts receivables turnover and Days Sales
Show your work to receive partial credit.
Refer to FedEx's financial statement excerpts to answer the question:
Calculate the accounts receivables turnover and Days Sales Outstanding (Average Collection Period) for FedEx for the fiscal year ended May 30, 2017. Discuss what this ratio tells us about FedEx.
FEDEX CORPORATION CONSOLIDATED STATEMENTS OF INCOME (IN MILLIONS, EXCEPT PER SHARE AMOUNTS) FEDEX CORPORATION CONSOLIDATED STATEMENTS OF INCOME (IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
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