Suppose the following information was taken from the 2014 financial statements of FedEx Corporation, a major global transportation/delivery company.

(in millions)	2014	2013
Accounts receivable (gross)	$ 3,667	$4,597
Accounts receivable (net)	3,334	4,289
Allowance for doubtful accounts	333	308
Sales revenue	35,785	38,368
Total current assets	7,313	6,889

Answer each of the following questions.

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Calculate the accounts receivable turnover and the average collection period for 2014 for FedEx. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)

Accounts receivable turnover		times
The average collection period for 2014