Suppose the following information was taken from the 2022 financial statements ofFedEx Corporation, a major global transportation/delivery company.

(in millions) 2022 2021

Accounts receivable (gross) $3,800 $4,500

Accounts receivable (net) 3,380 4,350

Allowance for doubtful accounts 420 150

Sales revenue 30,920 33,420

Total current assets 7,110 7,240

Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx.(Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)

Accounts receivable turnover $ enter the accounts receivable turnover in times rounded to 1 decimal place Times

The average collection period for 2022 $ enter the average collection period for 2022 in days rounded to 1 decimal place Days