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)	$ 3,668	$ 4,628
Accounts receivable (net)	3,396	4,298
Allowance for doubtful accounts	272	330
Sales revenue	36,988	39,391
Total current assets	7,387	6,930

Answer each of the following questions.

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		days