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

(in millions)		2022		2021
Accounts receivable (gross)		$ 3,790		$ 4,630
Accounts receivable (net)		3,350		4,350
Allowance for doubtful accounts		440		280
Sales revenue		33,495		35,995
Total current assets		7,172		7,278

Answer each of the following questions.

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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
The average collection period for 2022