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Suppose the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company 2017 2016 $3,697 (in millions) Accounts

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Suppose the following information was taken from the 2017 financial statements of FedEx Corporation, a major global transportation/delivery company 2017 2016 $3,697 (in millions) Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts $4,835 3,460 4,187 237 648 Sales revenue 37,368 39,579 Total current assets 7.254 7,691 Answer each of the following questions. * Your answer is incorrect Calculate the accounts receivable turnover and the average collection period for 2017 for FedEx Corporation (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Accounts receivable turnover 2 times The average collection period for 2017 183 days

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